Fundamentals of Property and Casualty Reinsurance with a Glossary of Reinsurance Terms

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Description

NEWLY REVISED Each year, the Reinsurance Association of The us (RAA) receives countless inquiries regarding the mechanisms and technicalities of the reinsurance business. This publication will have to answer many of those questions. First published in 1972 and newly revised in 2016, this booklet reflects the efforts and input of several of the most experienced reinsurance terminology experts in the industry. It is only through their efforts that we may be able to produce this sort of complete and accurate publication, and we thank them for their time, patience and willingness to contribute. As in terms of previous editions, the RAA is publishing this booklet in the belief that it’s going to be both an informative educational tool and a convenient reference for practitioners. Whilst we have attempted to be sure that definitions reflect current industry practices, we don’t suggest that it be thought to be authoritative for the resolution of legal disputes.

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