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[DOWNLOAD] "Prudential Reinsurance Co. V. Superior Court Of Los Angeles County" by Supreme Court Of California # eBook PDF Kindle ePub Free

Prudential Reinsurance Co. V. Superior Court Of Los Angeles County

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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.


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