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7 records found.


Title: Basically the Same, But Different: A Comparative Analysis of English and American Reinsurance Arbitrations
Authors: Richard J. Leedham, James R. Stinson, Joshua G. Urquhart
Volume: 12  Number: 4  Issue: Fall 2005  Page: 57
Abstract:  This article evolved from a presentation given at the May, 2005 IRU, Inc. Claims Workshop by Messrs. Leedham and Stinson, and moderated by Earl Davis of Firemen’s Fund Insurance Company. As similar as reinsurance arbitrations are in the U.S. and England, there are important differences that ceding insurers, reinsurers and intermediaries who operate in both countries need to understand. A comprehensive treatment of the subject would fill a book, but it is the authors’ hope that they have addressed the most significant issues in this article. Any views expressed in this article are solely those of the authors and not their respective law firms or clients.
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Title: Benefits and Detriments of Litigation for Coverage Disputes, The
Authors: J. Donald Tierney
Volume: 6  Number: 4  Issue: Summer 1999  Page: 35
Abstract:  While alternative dispute resolution methods may resolve some disputes between insureds and insurers, litigation still holds the greatest certainty for application of the rule of law, fairness of procedure, and insuring the authenticity of evidence. However, with the significant costs that discovery may hold and the possibility of extra-contractual exposure, a thorough, evaluation of how to handle a dispute should be done prior to embarking on a course of litigation. Excerpts from this paper were presented at the World Insurance Forum in Bermuda, February 1999.
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Title: Bermuda Market - Access to Catastrophe Protection, The
Authors: Herbert Hang
Volume: 3  Number: 3  Issue: Spring 1996  Page: 20
Abstract:  The author discusses the development of the Bermuda market and the environment in which companies in Bermuda operate.
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Title: Bermuda: From Pushbikes to Sidecars
Authors: Roger Crombie
Volume: 13  Number: 3  Issue: Summer 2006  Page: 1
Abstract:  Bermuda’s reinsurance sector began simply enough 20 years ago, but has since matured into a complex and intense market. Hurricanes in 2004 and 2005 severely tested Bermuda’s claims-paying ability, and forced a rethink among some of the principal companies. One solution, embraced by half a dozen reinsurers, has been the “sidecar”, a stand-alone corporate entity in which the reinsurer has a less-than-50 percent ownership and which is therefore not a subsidiary. The reinsurer cedes selected risks to the sidecar, which may have a limited life. Benefits include the ability to write more gross premium, balance sheet enhancements in the cedant, and a reduction in its earnings volatility. The 2006 hurricane season will be the first major test for the latest crop of sidecars; earlier models did not fare so well in the past two years.
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Title: Bringing Reinsurance to the 21st Century - The BRMA Electronic Contract Initiative
Authors: Doug Rofrano
Volume: 8  Number: 1  Issue: Winter 2001  Page: 53
Abstract:  The Brokers & Reinsurance Markets Association (BRMA) was founded in 1986 to provide an educational and networking forum for reinsurance professionals. Given the recent advances in technology and a changing legal climate, several BRMA members have been working to devise a methodology for the electronic transmission and execution of reinsurance contract.
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Title: Broker as a Target of Discovery in Reinsurance Arbitrations, The
Authors: Susan A. Stone, Thomas D. Cunningham
Volume: 10  Number: 3  Issue: Summer 2003  Page: 49
Abstract:  In this article, Ms. Stone and Mr. Cunningham discuss how brokers and other third-parties can be brought into the arbitration process, including in the pre-hearing discovery stage, even though they are not parties to the arbitration agreement.
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Title: Buying (or Selling) a Capital Idea: CBOT's Catastrophe Options Market
Authors: Michael Himick
Volume: 4  Number: 2  Issue: Winter 1997  Page: 10
Abstract:  While significant hurdles remain if catastrophe options are to enter the mainstream of insurance risk management, during 1996, these catastrophe insurance options gained more credibility in insurance risk management, as more companies are experimenting with them in the market.
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