Q. What is the purpose of sending a "Provisional Notice of Cancellation" (PNC) by reinsurers?

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Q. What action should a reinsurer take if they decide to continue the contract after sending a provisional notice of cancellation?

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Q. Under what circumstances can a reinsurance agreement be automatically terminated?

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Q. What is the purpose of a "Sudden Death Clause" in a reinsurance contract?

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Q. Under what circumstances can the reinsurance agreement be altered?

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Q. What is the purpose of the "Insolvency of other reinsurers" clause in a reinsurance agreement?

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Q. What is the purpose of the "Access to records: Inspection by reinsurer" clause in a reinsurance agreement?

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Q. When can the reinsurer's right to inspect records be restricted to an appointed representative?

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Q. What is the purpose of the "Errors & omissions" clause in a reinsurance agreement?

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Q. What is the role of the broker in reinsurance transactions?

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Q. What is the effect of the intermediary clause in a reinsurance agreement?

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Q. When is the intermediary clause not used in a reinsurance agreement?

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Q. What is the purpose of including an arbitration clause in a reinsurance agreement?

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Q. How are arbitrators and umpires appointed in the arbitration process?

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Q. What is the role of the arbitrators and umpire in interpreting the reinsurance agreement?

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Q. What is the advantage of resolving disputes through arbitration in reinsurance agreements?

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Q. What is the significance of specifying the place of arbitration in a reinsurance agreement?

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Q. What is the purpose of the jurisdiction clause in a reinsurance agreement?

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Q. What is the purpose of the set-off clause in a reinsurance agreement?

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Q. Why is the set-off clause often challenged by creditors and others?

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