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Associated Compliance Newsletter – March 2017

Published

2017

Mon

03

Apr

 

The March 2017 Associated Compliance Newsletter has been published in the Insurance Gateway® Knowledge Base.

With a compliance flavour, these newsletters provide a comprehensive overview of happenings within the overall regulatory environment for FSPs, and are a must read for FSP executives who need to keep their finger on the compliance pulse.

Click here then download Newsletter 051 to view this edition.

 
Source: Associated Compliance
 
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From The Glossary »

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Aggregate Extension Clause:

This clause is used in connection with liability and professional indemnity reinsurance to provide additional cover in respect of the liability incurred by a ceding company for losses on risks where there is an aggregation or accumulation of policies involved in the same loss (whether issued to the same insured or not). If required by the ceding company, the reinsurance treaty is extended by an aggregate extension clause to protect it against losses ...
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