In atreaty reinsurancecontract, the ceding company and the accepting company agree on a broad set of insurance transactions that will be covered by reinsurance. For example, the ceding insurance company may cede all risks for flood damage and the accepting company may accept all risks for flood ...
that is known as facultative reinsurance. Facultative reinsurance is a deal that is considered a one-time transaction whereas treaty reinsurance is more of a long-term agreement that would cover multiple risks over an extended period of time. ...
If you’ve ever wondered what it means for a company to be listed, how the process works, and the benefits it offers, you’ve come to the right place. In this blog post, we’ll delve into the definition of listing, explore how the listing of a company works, and provide you with ...
Maintaining good health is a fundamental part of being alive. Unfortunately, it’s also an expensive part of humanity. Of course, healthcare should always be a financial priority. But there are some procedures we’re unable to anticipate despite how well we take care of ourselves. These proced...
conformity of goods, remedies, and damages for breaches of contracts. It is a self-executing treaty and is therefore part of the domestic law of each Contracting State. Yet, parties may choose to avoid application of the Convention or to vary from any of its provisions in their private ...