Reinsurance involves insurance (and reinsurance) companies insuring all or part of the risks they write with other (re)insurance companies. Reinsurance is required by regulators but also makes business sense since it allows insurance companies to increase their capacity to write insurance. Reinsurers are among the largest insurance companies in the world and London is a world centre. This module will provide a thorough understanding of this important and rapidly developing area of law and practice. Students do not require any prior knowledge of English law or of insurance; they will learn all they need to know as the module progresses.
3.15 hour examination