The Reinsurance market is evolving with the time. Due to increase in the instances of natural disaster and climate change the demand for innovative covers to fully protect the balance sheet of Insurers is also increasing.
Excess of Loss is one of the methods of Reinsurance which is quite popular. Excess of Loss is a form of Non-Proportional Reinsurance where reinsurer indemnifies the ceding company for losses that exceed a specified limit.
However this concept is not very clear among the Reinsurance practioners. In order to simplify the concept and present the practical aspects of underwriting this form of Reinsurance, Mr. K.L. Naik a Reinsurance Guru and authority on the subject has taken the initiative to write this book on Excess of Loss Reinsurances.
Mr. Naik has very rich experience in the reinsurance field both in Indian and International markets and he has put forth all his experience in capsule form in this book.
This book covers various aspects of Excess of Loss Reinsurance including types of treaties prevalent, coverage, rating, Global treaty terms etc.
The book written in lucid language will be an easy reference guide for Insurers, Reinsurance Professionals, Students, Intermediaries. It will be a rich and valuable addition to every library for reference on Reinsurance in India.
Important topics covered in the book
2 Various Types of Excess of Loss Treaties
3 Technical Terms of Excess of Loss Reinsurances
4 Working Excess of Loss or Risk Excess of Loss Treaties for Any One Risk Retention in Various Classes
5 Various Kinds of Risk Excess of Loss Treaties or working XL Treaties
6 Coverage of ACTS of GOD Perils
7 Risk Cum CAT XL Treaties
8 CAT Event Excess of Loss Treaty Programme with Risk Excess of
9 Stop Loss XL Treaties
10 Rating Technologies of Excess of Loss Treaties
11 Excess of Loss Method is "Adaptable" to create Various types of Protection Requirements
12 Global Standard Treaty Slip Terms Explained
- Additional Information
Author K L NAIK ISBN 978-93-81489-31-4 ISSN NA Binding Paperback Publisher The Insurance Times Language English