Risk Financing and Captives Articles

Reinsurance

Are Punitive Damage Awards Recoverable under Reinsurance Agreements?

2000-06-01 | Larry Schiffer

The reinsurability of punitive damages depends on the reinsurance contract and the public policy of the relevant jurisdiction, with extracontractual obligations clauses (ECOs) offering some coverage despite state restrictions. Larry Schiffer explains.

Reinsurance

Reinsurance Matters

2000-03-01 | Larry Schiffer

The quality of the reinsurance security purchased by the direct insurer is what helps to ensure that losses will be paid. Larry Schiffer looks at the reinsurance function, relationship, claims services, and fronting arrangements.