Question
a.
To interpret the agreement based on a literal interpretation of the language
b.
To make their award in favor of the ceding insurer
c.
To interpret the agreement as an honorable engagement and in a reasonable manner
d.
To increase the liability of the reinsurers beyond agreed limits
Posted under IC85 Reinsurance Management
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Q. What is the role of the arbitrators and umpire in interpreting the reinsurance agreement?
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