Drafting Reinsurance Wordings

Product Description

It is a reality of the reinsurance industry that the detailed wording which defines & determines the rights & obligations of the parties to a contract is often viewed as a secondary issue. The primary focus of attention is to 'close the deal', namely fixing the price & the limits of cover. As a result wordings often either follow a standard form, which does not accurately address the issues between the particular parties, or do not clearly express the important features of the relationship between reinsured & reinsurer. It is not surprising that these are the issues that often revisit the parties many years later, when a little more attention at the drafting stage could have avoided a great deal of time, effort & cost.

This one-day conference has been designed to highlight & help you avoid these problems. It takes you through the drafting process, looking at the main areas of difficulty & focusing on current legal issues. The conference will be of practical application to avoid drafting problems in the future. There will also be ample opportunity to question the expert speakers on the clauses discussed, & indeed any others which concern you.

This training may be available onsite; please contact us if you are interested.