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Facultative reinsurance and the full reinsurance clause

Facultative reinsurance and the full reinsurance clause
Facultative reinsurance and the full reinsurance clause
This article discusses the decision of the Court of Appeal in WASA International Insurance Co Ltd v. Lexington Insurance Co. Although the judgments are relatively short, the case raises fundamental questions about the very nature of reinsurance, with the so-called “orthodox” view, that reinsurance is a further policy on the original subject-matter, being seriously questioned.
0306-2945
366-388
Gurses, Ozlem
4bcc6f4f-968a-4b6d-9c7f-80e3a1df4336
Merkin, Robert
24964178-6170-4380-afb8-984a2764e54a
Gurses, Ozlem
4bcc6f4f-968a-4b6d-9c7f-80e3a1df4336
Merkin, Robert
24964178-6170-4380-afb8-984a2764e54a

Gurses, Ozlem and Merkin, Robert (2008) Facultative reinsurance and the full reinsurance clause. Lloyd's Maritime & Commercial Law Quarterly, (3), 366-388.

Record type: Article

Abstract

This article discusses the decision of the Court of Appeal in WASA International Insurance Co Ltd v. Lexington Insurance Co. Although the judgments are relatively short, the case raises fundamental questions about the very nature of reinsurance, with the so-called “orthodox” view, that reinsurance is a further policy on the original subject-matter, being seriously questioned.

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More information

Published date: August 2008
Additional Information: ISBN 1859789781

Identifiers

Local EPrints ID: 176199
URI: http://eprints.soton.ac.uk/id/eprint/176199
ISSN: 0306-2945
PURE UUID: fad84564-56d2-48b2-bb00-43129c8e5f5d

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Date deposited: 08 Mar 2011 14:03
Last modified: 10 Dec 2021 18:54

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Contributors

Author: Ozlem Gurses
Author: Robert Merkin

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