[DOWNLOAD] "Prudential Reinsurance Co. V. Superior Court Of Los Angeles County" by Supreme Court Of California # eBook PDF Kindle ePub Free
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eBook details
- Title: Prudential Reinsurance Co. V. Superior Court Of Los Angeles County
- Author : Supreme Court Of California
- Release Date : January 30, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 120 KB
Description
Insurance Code section 620 (all further statutory references are to this code unless otherwise stated) defines a reinsurance contract as "one by which an insurer procures a third person to insure him against loss or liability by reason of such original insurance." Typically, under a reinsurance contract, the primary insurer "cedes" a portion of the premiums for its policies, and the losses on those policies, to the reinsurer.