WORDINGS PALIMPSESTS

Item 2                                                         International insurance programs Non admitted coverage is not legal in all territories Licensing rights are not granted in all territories Concentration of markets where one could identify 16 key players worldwide MAPFRE, IF, HDI GERLING, SWISS RE, ALLIANZ, GENERALI, ZURICH QBE, RSA, FM GLOBAL AIG, LIBERTY MUTUAL, BERKSHIRE HATHAWAY ACE CHUBB, AXIS GLOBAL, AXA XL                                                                   ...

In the case law HIH Casualty & General Insurance Ltd vs New Hampshire Insurance Co , it is asserted that where the policy was unlikely to have been regarded as the final record of the parties’ contract, the wording of the slip was in a position to assist in the construction of the policy. However, in the absence of a specified rectification a slip could not be used to alter or contradict the construction of a policy which has superseded a slip. In this context, it is useful to revisit the agreement on law and jurisdiction clauses attaching to (re)insurance products. It is part of a process. Part of a system, linked to controls and risk. Evidently bound by management information risk indicators and a myriad of sourcebooks. Such procedures and guidelines being impacted by supranational directives, regulatory changes, contract law changes, market developments. This Law and jurisdiction clauses in contracts aide memoire outlines the issues that need to be considered when ...