https://completemarkets.com/Article/article-post/1092/CUT-THROUGH-ENDORSEMENTS/
...ent between the insured and the reinsurance company. I don't think an... the insured. In a normal reinsurance agreement, the contract is betw...
https://completemarkets.com/Article/article-post/793/Understanding-And-Using-The-Services-Of-Program-Administrators/
...posures properly
Individual reinsurance treaties in place to give the prim... agreements with the insurance and reinsurance underwriters-not commission rev...
https://completemarkets.com/Article/article-post/73/Agents-Company-Markets-Arent-Always-Going-To-Come-To-You/
...ed a solid understanding of the reinsurance marketplace. Carriers often tell a...ng of how carriers structure their reinsurance and how reinsurance drives the underwriting cycle. ...
https://completemarkets.com/Article/article-post/2254/ALTERNATIVE-RISK-FINANCING-NOT-JUST-FOR-FORTUNE-500-COMPANIES/
... purchasing excess insurance or reinsurance. INSURANCE LINES The other quest... Excess or stop-loss insurance/reinsurance Security or collateral ...
https://completemarkets.com/Article/article-post/238/The-Hard-Market-An-E-O-Perspective/
...nd more restrictive and limited reinsurance, it’s not prudent to assume that t...
https://completemarkets.com/Article/article-post/2564/Its-a-Small-World-Doing-Business-Abroad/
... Generali, and Winterthur), and reinsurance/variable insurance programs (financial reinsurance, stop-loss reinsurance, catastrophe reinsurance, etc.). The international market e...
https://completemarkets.com/Article/article-post/1627/LIABILITY-RISK-RETENTION-ACT-OF-1986/
...ry insurance, excess insurance, reinsurance, surplus lines insurance, and any ...etention group which provides such reinsurance; and (H) the name of which i...
https://completemarkets.com/Article/article-post/989/Agents-Responsibility-For-Company-Insolvency/
... haven't issued)
Change in reinsurance carriers, particularly if quality ...ten
15% were due to inadequate reinsurance protection
Many were compan...
https://completemarkets.com/Article/article-post/71/Discovering-New-Niche-Programs-In-Commercial-Lines/
... designated insureds. Some examples are accountants' Errors & Omissions (E &O ) Liability, Tax Preparers' E&O , and programs for public libraries, ambulance companies, homes and services for the aging, auto repairs, contractors, car washes, boards of education, credit unions, contractors who install water-based sprinkler systems, law firms, school bus operations, and loggers. New niche programs in Commercial Lines are created in response to legal events, as opposed to regulation (e.g., Prop. 103) . A case in point: The July 1995 California Supreme Court opinion of Montrose Chemical Corp. v. Admiral Insurance Co. caused contractors' defect claims to be covered, even though they had not been covered previously. From an underwriting perspective, many carriers and their reinsurers said, We don't write contractors in California because of the Montrose decision. Others, however, saw an opportunity to design a General Liability insurance product for California residential contractors that build condos or tract houses. As an agent, you must be aware of opportunities in the marketplace. The best way to discover new niche programs in Commercial Lines is to pay attention to market voids. Listen for consistent exclusions by all carriers. The new niche program is created by changing the language of the policy. Using policy language to exclude or limit coverage is an essential ingredient to having a successful niche insurance program. When such policy language has been upheld in a court of law, the program becomes even more successful. By altering underwriting guidelines and changing a policy's wording, a new risk such as that created ...
https://completemarkets.com/Article/article-post/2460/What-You-Can-Do-About-Insurer-Insolvency/
...ly in excess of 2:1? No. Due to reinsurance cedings and capital contributions ...e years, has premium volume and/or reinsurance increased by 25% or has NPW flu...