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Associated Compliance Newsletter 068 – August 2018

Published

2018

Fri

31

Aug

 

The August 2018 Associated Compliance Newsletter has been published in the Insurance Gateway® Knowledge Base.

The compliance landscape has become increasingly time consuming and complex to navigate. It will therefore be well worth your time to read the latest edition of the Associated Compliance newsletter, which offers you an overview and opinions of the latest and most prevalent happenings within the regulatory environment.

Click here then download Newsletter 068 to view this edition.    

 
Source: Associated Compliance
 
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From The Glossary »

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Commutation Clause:

A clause which provides, if mutually agreed by the parties, for the estimation and complete discharge of payment to the ceding company by the reinsurer of all future obligations or reinsurance loss or losses incurred, regardless of the continuing nature of certain losses. This clause is utilised mostly in non-proportional liability reinsurance treaties.
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