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RESPECT CONTRAT REASSURANCE [1 record]

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Filter results by subject field

Alphabetical list of terms

Record 1 2002-10-07

English

Subject field(s)
  • Reinsurance and Coinsurance
CONT

The follow-the-fortunes doctrine provides generally that a reinsurer must follow the underwriting fortunes of its reinsured and, therefore, is bound by the claims handling decisions of its reinsured so long as there is no evidence of fraud, collusion with the insured, or bad faith. It is a burden-shifting doctrine that allows the reinsured the freedom of making good faith claims decisions without the fear of having to relitigate those decisions with its reinsurer.

French

Domaine(s)
  • Réassurance et coassurance
OBS

En matière de réassurance, le réassureur doit respecter les règlements des sinistres des compagnies cédantes.

Spanish

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