Blog

Yesterday, I had given a problem related to claim recovery. I requested for responses either in comments or in my…

Allianz has bought from Munich Re a Risk XL USD 9 m xs USD 1 m with 2 reinstatements @…

In our training classes at Mad Over Insurance, when I explain EGNPI, Rate on GNPI, Minimum Premium, Deposit Premium, Adustment…

We are talking about the standard Hours Clause used in CAT XL and then specifically look at how SWISS RE…

I had spent the first 11 years of my career in the Public Sector and the next 24 years in…

A CAT Modelling report gives a wealth of information that Reinsurance managers and Underwriters can use for their decision making.…

NON-STANDARD CLAIMS Breach of warranty gives right to the insurers to void the contract and avoid the claim. Even considering…

The following are two different versions of the follow the fortunes clause used in the market: Version 1 “The liability…

Reinsurer wants control on the claim especially when the cedant has very small retention. Control includes right to appoint loss…

I have always wondered why Reinsured’s buy the layer with Swing Rate? Are they not better off retaining that layer?…

Have you ever seen a reverse two risk warranty in a Risk XL? I have never seen any RISK XL…

Sunday Blog. After all the insurance topics all these days, probably a non-insurance topic may be better for a Sunday.…