Federation of Afro Asian Insurers and Reinsurers

BIPAR International Association of Insurance and Reinsurance

When requested by the reinsurer, the ceding insurance company shall inform the reinsurer of the ceding insurance company's retained liability and all relevant information with respect to the direct insurance.

The ceding insurance company shall not decline or delay fulfilling its obligation of the direct insurance on the basis that the reinsurer fails to fulfill the reinsurance obligation.

C.3 XXVI FAIR Federation of Afro Asian Insurers and Reinsurers .

International Association of Insurance and Reinsurance Intermediaries

But I'm banking on this job being our insurance.

Article 31 The insurer or the reinsurer shall be obligated to maintain confidentiality of information obtained in the course of conducting insurance business regarding the business and financial position of the applicant, the insured or the ceding insurance company.

Article 29 The reinsurer shall not demand payment of premiums from the applicant of the direct insurance.

transacting reinsurance in accordance with laws

The Ministry of Finance monitors persons trading in precious metals and precious stones, insurance and reinsurance companies, mutual assurance associations and insurance brokers

26 Re insurance Contracts

Article 28 When an insurer transfers part of its accepted business to another insurer by way of cession, it is referred to as reinsurance.

Do I wear the safe round my neck?

The insured or the beneficiary of the direct insurance shall not claim for the indemnity or payment of the insurance benefits from the reinsurer.

Most of these new insurers utilize private reinsurance to leverage their capital resources.

Bermuda remains the world's leading domicile for captive insurance and reinsurance companies.

For every child born to them after the first child, women farmers, insured in the farmers' main insurance branch (law 2458 1997), are exempted from their contribution liability towards the Agricultural Insurance Organization (O.G.A) as regards contributions towards old age pension and sickness insurance as well as contributions towards the Farmers' Union Fund for one year after the birth of each child apart from the first child.

Article 103 The financial supervision and regulation department shall have the authority to restrict or prohibit insurance companies from ceding any outward reinsurance business to insurance companies established without the territory of the PRC or from accepting any inward reinsurance business from insurance companies established without the territory of the PRC.

Article 101 With the exception of life insurance business, an insurance company shall reinsure twenty (20) percent of each insurance contract it underwrites in accordance with the relevant State regulations.

Article 102 Where an insurance company needs to place outward reinsurance business, it shall give priority to insurance companies established within the territory of the PRC.

Article 92 With the approval of the financial supervision and regulation department, an insurance company may engage in the following reinsurance business of the insurance business prescribed in the preceding article

failing to effect outward reinsurance as required

It was also suggested that a reference to re insurance arrangements should be included in the same paragraph.

Put it in the safe deposit box in the bank, and we'll get him to give us a cheque on Monday instead.

During the reporting period, the international business sector, including insurance, reinsurance and mutual fund management and administration, continued to dominate the economy.

UNCTAD continued its assistance to the insurance sector in close cooperation with Africa's regional insurance organization, the African Insurance Organization (AIO) The 2004 UNCTAD African Insurance Organization (AIO) Seminar on Insurance, Reinsurance and Catastrophe Risks, held in Casablanca, attracted more 400 participants, and resulted in the creation of the Centre for African Catastrophe Risks (CARC ACCR) in Casablanca.

Property insurance business which includes insurance against loss or damage to property, liability insurance and credit insurance or

Insurance of persons business which includes life insurance, health insurance and accident and injury insurance.

Such insurance would cover the costs that a patient would incur after a medical event that left no time to purchase the policies offered in the Obamacare insurance exchanges. Emergency insurance might also cover the cost of care until the open enrollment period for purchasing insurance at the end of each year (if political pressure does not lead to the repeal of that temporary barrier to insurance).

If the sum insured is less than the insured value, the insurer shall obtain partial rights pertaining to the subject matter of the insurance which is lost or damaged on the pro rata basis of the sum insured to the insured value.

A double insurance refers to insurance under which an applicant enters into insurance contracts with two or more insurers on the same subject matter of the insurance, the same insurable interests and the same insured event.

He also said that his department was increasing the level of its staff and improving its technical facilities in order to cope with the growth in the insurance and reinsurance market.

Sickness and maternity insurance occupational risks insurance invalidity and life insurance retirement, cessation of employment at an advanced age and old age insurance, and day care and social benefits insurance.

In the event that the applicant has misstated the age of the insured, thus underpaying the premiums, then the insurer shall have the right to correct the misstatement and request the applicant to pay the balance, or to reduce the payment of the insurance benefits in proportion to the amount of premiums actually paid to the amount that should have been paid.

An insurance contract is null and void if the applicant has no insurable interest in the subject matter of the insurance.

Insurance will cover the bypass, it ll cover the angioplasty it won t, until recently, cover diet and lifestyle.

An applicant refers to the party who enters into an insurance contract with an insurer and is obligated to pay the premiums under the insurance contract.

(c) Liability and war risk insurance.

21. Liability and war risk insurance

In the event that the applicant has misstated the age of the insured, thus overpaying the premiums, then the insurer shall return the overpaid portion to the applicant.

An insurer refers to the insurance company which enters into an insurance contract with an applicant and is obligated to make indemnity or payments of the insurance benefits.

In May, UNU cooperated with the Nanyan Technological University, the Singapore College of Insurance and WSSI in organizing a workshop on catastrophic risk management for the insurance and reinsurance industries in Singapore.

Article 27 The insurer may terminate the insurance contract and refuse to return the premiums paid if the insured or the beneficiary falsely claims that an insured event has occurred, and submits a claim for indemnity or payment of the insurance benefits, although such insured event has not occurred.

Unless otherwise specified in the contract, in the event that the sum insured is less than the insured value, the insurer shall undertake the obligation for indemnity pro rata of the sum insured to the insured value.