A comprehensive overview of the Ambiguity Rule, a US legal principle requiring judges to interpret ambiguities in insurance contracts against the insurer and in favor of the insured.
Non-proportional reinsurance refers to reinsurance contracts where the reinsurer covers losses exceeding specified limits, such as excess of loss and stop loss reinsurance.
Understanding the implications of concealment in insurance contracts and how it can affect the validity of an insurance policy.
A fixed annuity is an investment contract sold by an insurance company that guarantees fixed payments to an annuitant either for life or for a specified period.
A comprehensive explanation of the Quota Share Treaty in pro rata reinsurance, detailing its mechanisms, practical examples, and important considerations.
A detailed exploration of treaty reinsurance, including its definition, functionality, and the main types of contracts—proportional and non-proportional.
