Summary |
The aim, however, has not been to write a textbook dealing only with the theoretical aspects of reinsurance. Mainly it is intended for use by insurance and reinsurance practitioners. Therefore the remainder of the book is concerned with the very practical aspect of reinsurance business.
Chapters 4 to 9 inclusive deal with matter of general application to all classes of insurance and reinsurance business-the law relating to reinsurance contracts, the advantages and disadvantages of the various forms of reinsurance, the placing of reinsurance facultatively and by treaty, the form and operation of such contracts, and the fixing of retentions.
Chapters 10 to 13 comprise the third part of the book. They deal with the features of the individual classes of reinsurance. The final two chapters then cover the financial and international aspects of reinsurance operations.
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