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xxii M97/February 2018 Reinsurance

purpose of, 1A implied, 8D
sellers of, 1D territorial scope clause, 7B1B
soft market, 9D2 terrorism, 9F
State, 1D4 Australia, 9F1D
reTakaful companies, 1D5 Canada, 9F1E
retrocedant, 2B1 Europe, 9F1C
retrocession, 2B international perspectives, 9F1
features of, 2B3 UK, 9F1A
retrocession market, 2B USA, 9F1B
retrocessionaire, 2B2 top and drop protections, 5A4
reverse profit commission, 4C4 trade credit, 11J1
risk types of reinsurance purchased, 11J1A
acceptance of the, 6C3A treaty reinsurance, 2A2
accumulation of, 10A3 advantages of, 2A2B
excess of loss, 10C2 combinations of, 6A2
retention groups, 1A2A contract wording, 7A2
retention, individual, 10A1 disadvantages of, 2A2C
spread of, 1C3 exclusions, 7E
transfer, 1A1 factors determining the choice, 6A1
risks attaching during (RAD) basis, 5B1 uses of, 2A2A

S U

salvage and subrogation clause, 7D8 umbrella excess of loss, 5A4
Securities and Exchange Commission (SEC), 9B3 underwriting
security, 1A3 capacity, 1A2
Committee, 6C2A non-proportional reinsurance, 10C
considerations for reinsureds, 6C2 original limits, 5C3 Reference copy for CII Face to Face Training
sellers of reinsurance, 1D policy clause, 7B4B
sidecars, 1D7, 2C1D proportional reinsurance, 10B
simultaneous settlement clause, 7D11A year accounting, 4B1
sliding scale commission, 4C3 Unique Market Reference (UMR), 7A
Solvency II, 9B2 UNL clause, 7D3
special acceptances clause, 7B1D US market, 9B3
special termination clause, 7B1C utmost good faith, 8A1A
State insurance corporations, 1B3
State reinsurance companies, 1D4
stop loss treaty, 5A2 W
sunset clause, 7D10E war and terrorism exclusion clause, 7E3
surety risks, 11J2 warranty, 8C1
underwriting considerations, 11J2A workers’ compensation, 11E
surplus treaty, 4A2 differences with EL insurance, 11E2
advantages of, 4A2D reinsurance issues, 11E1
disadvantages of, 4A3 types of reinsurance purchased, 11E4
operation of, 4A2A underwriting considerations, 11E3
second, third and fourth, 4A2B working covers, 5A1D
use of, 4A2C working excess of loss cover per event (WXL/E),
5A1D
T

Takaful insurance, 1B5
reTakaful, 1D5
taxation advantages, 1A7
termination clause, 7C3B
terms
express, 8C