México s Market Evolution
|
|
- Hollie Joseph
- 5 years ago
- Views:
Transcription
1 MEXICO INSURANCE DAY OPPORTUNITIES PANEL México s Market Evolution Luis J. Alvarez Marcen March, 13th 2012
2 Claims Protocole 2
3 Under Article 71 of the Mexican Insurance Contract Law (Ley Sobre El Contrato De Seguro), claim monies are due to the insured by the insurer within 30 calendar days from the date at which the claim supporting documentation was been received. Such supporting documentation has to be sufficient to support the claims. As a result:- i) If a Mexican insurer fails to decline a claim or request additional information to assess the claim [on reasonable grounds] within 30 calendar days, the claimant is entitled to take legal action against that insurer to recover the claims money; and ii) Any delays by a Mexican insurer in paying a claim within 30 calendar days may result in interest charges, fines and/or sanctions for that insurer. 3
4 AMIS, believes there is a need for Lloyd s underwriters to enhance their alignment with local claims settlement timelines and obligations Low levels of risk retention by local insurers can result in Lloyd s underwriters requiring control of the claims process in reinsurance contracts The view from Mexico is that there is not always a timely delivery of instructions and decisions by Lloyd s underwriters, resulting in Mexican insurance companies breaching Article 71 or taking actions that may potentially violate their Claims Control clauses. AMIS believes there is a need for Lloyd s underwriters to be fully aware of local obligations and for both markets to improve the claims control/cooperation process. Improving this process can help Mexican insurers with the following 4
5 Avoid interest payments, fines and sanctions resulting from delayed settlement/payment of claims. Increase the chances of fair and favourable court rulings when claims end in court. Reduce the risk of unscrupulous claimants exploiting delays in order to fabricate accusations of bad faith or even fraud, which in some high profile cases have led to actions under criminal law against directors of insurance companies as a pressure mechanism. In general, improving co-operation with Mexican insurers on this issue will enhance Lloyd s image as a market that is easy to do business with. 5
6 Principles and Practices Recommended: Timely instructions, appointments and decisions that will enable Mexican reinsurance clients to settle or reject claims in compliance with article 71, i.e. within 30 calendar days of receiving from the claimant documents and information required for a decision. This means the insurer will have to be prompt in passing this information to the reinsurer and the broker. In turn, the broker and reinsurer will be prompt in providing instructions and / or decisions. In the meantime, under article 113, the insured has to do everything in its power to mitigate and/or reduce the claim.. Specific instructions as to what supporting documentation would constitute evidencing of a claim. 6
7 Principles and Practices Recommended: Agreed adequate timelines for the provision and review of the documentation by both the insurer and the reinsurer; e.g. documentation ought to be sent as soon as available and not on the last day possible for submission. This need for timeliness is reinforced by Article 66 which says that the insured has 5 days to provide written notice of any claims, unless otherwise specified in the contract. Transparency and, where appropriate, explicit prior agreement on the responsibilities and timelines for the different parties (insurers, brokers, Lloyd s underwriters and loss adjusters) and the cooperation between them. Often time can be gained by having prior agreement on loss adjusters and other third party advisors, where appropriate. Note - a number of large Mexican risks include very detailed claims protocols and procedures in their contracts. Also, AMIS is currently promoting a model claims protocol for more standard risks which some of its members may wish to include in their reinsurance contracts. 7
8 Principles and Practices Recommended: Prior agreement with the reinsured on the response times for paying reinsurance monies particularly important if Lloyd s underwriters expect the insurer to fund the claims before receiving reinsurance money. In exceptional circumstances, ensuring Lloyd s underwriters participating on large facultative reinsurance risks are fully aware of the implications; particularly where there is risk of insolvency and the insurer has a limited chance of meeting its obligations without prior release of reinsurance funds. 8
9 Protocol of the "procedure to follow in case of loss" pro forma (Text THB Mx 09/10 "A") <Link to Text> 9
10 10
11 México s Market Evolution March 2012 Luis J. Alvarez Marcen 11
Appendix 2 Legal Basis for Processing. The basis on which we use the information Prospective Insureds and Insured Persons.
Chubb Privacy Appendix 2 Legal Basis for Processing Activity Type of information collected The basis on which we use the information Prospective Insureds and Insured Persons Set up a record on our systems
More informationDEFENDING BAD FAITH CLAIMS - - THE INSURER S PERSPECTIVE
DEFENDING BAD FAITH CLAIMS - - THE INSURER S PERSPECTIVE Eric A. Portuguese Lester Schwab Katz & Dwyer LLP Updates and Hot Trending Topics Affecting Insurance Coverage NYSBA May 12, 2017 INTRODUCTION Expanding
More informationProspectus Liability Insurance
Schedule Policy No: Issuing Company: Address: Period of Insurance: From: To: (both dates inclusive) Limit of Indemnity: Retentions for Insurance Clause: 1 a) 1 b) 1 c) 1 d) Premium: Underwriting Agreement:
More informationGUIDANCE NOTE FOR LICENSED INSURERS ON REINSURANCE AND OTHER FORMS OF RISK TRANSFER
GUIDANCE NOTE FOR LICENSED INSURERS ON REINSURANCE AND OTHER FORMS OF RISK TRANSFER 1. Introduction The Finance Sector Code of Corporate Governance requires the board of a licensed insurer to set and oversee
More informationTerms of Business Agreement ( Agreement )
Terms of Business Agreement ( Agreement ) Howden Insurance Brokers (Singapore) Pte Limited 61 Robinson Road #07-01 Robinson Centre Singapore 068893 Main Line: (65) 62581919 Fax Line: (65) 65103799 Registered
More informationAMERICAN INSTITUTE OF MARINE UNDERWRITERS FOLLOWING FORM EXCESS MARINE LIABILITIES CLAUSES. To be attached to and form part of policy No.
AMERICAN INSTITUTE OF MARINE UNDERWRITERS FOLLOWING FORM EXCESS MARINE LIABILITIES CLAUSES 8A (January 1, 2002) To be attached to and form part of policy No. of the 1. Insures (hereinafter called the Assured)
More informationMiller Insurance Services (Singapore) Pte Ltd. Terms of Business Agreement ( TOBA )
Miller Insurance Services (Singapore) Pte Ltd Terms of Business Agreement ( TOBA ) 1. Miller 1.1 Miller Insurance Services (Singapore) Pte Ltd (Miller Singapore) is a subsidiary of Miller Insurance Services
More informationBETWEEN Wheatley Wright Insurance Services Ltd T/a WW Group, 2 Oakberry Industrial Estate, Oakberry Road, Lutterworth, Leicestershire LE17 4PP
THIS AGREEMENT is made on the «INCDTT» BETWEEN Wheatley Wright Insurance Services Ltd T/a WW Group, 2 Oakberry Industrial Estate, Oakberry Road, Lutterworth, Leicestershire LE17 4PP AND THE INTRODUCING
More informationRating and Ratemaking
Rating and Ratemaking Ratemaking refers to the pricing of insurance and the calculation of insurance premiums A rate is the price per unit of insurance An exposure unit is the unit of measurement used
More informationAMERICAN INTERNATIONAL SPECIALTY LINES INSURANCE COMPANY 175 Water Street Group, Inc. New York, NY 10038
AIG COMPANIES AIG MERGERS & ACQUISITIONS INSURANCE GROUP SELLER-SIDE R&W TEMPLATE AMERICAN INTERNATIONAL SPECIALTY LINES INSURANCE COMPANY 175 Water Street Group, Inc. New York, NY 10038 A Member Company
More informationThe Reinsurance Placement Cycle
The Reinsurance Placement Cycle Session 507 Tuesday, June 9, 2015 1:30pm Overview Interactive session among four parties: Insurance Company Reinsurance Company Reinsurance Broker Audience Panel Members
More informationDirectors And Officers Liability Reimbursement Insurance Fund
Directors And Officers Liability Reimbursement Insurance Fund Schedule Policy No: Fund: Address: Period of Insurance: From: To: (both dates inclusive) Limit of Indemnity: Retentions: Premium: i) Claims
More informationLyndon Parnell. 30 th April Copyright Lyndon Parnell - Finrisk Pty Ltd - April
Lyndon Parnell 30 th April 2014 Copyright Lyndon Parnell - Finrisk Pty Ltd - April 2014 1 GOVERNANCE TRANSPARENCY ACCOUNTABILITY This presentation contains information which is copyright to Lyndon Parnell
More informationVenture Capital Private Equity
Quick Reference Guide Zurich Asset Investment Managers Insurance Venture Capital Private Equity Zurich Insurance Solution (Venture Capital - Private Equity) has been updated and given a new name Zurich
More informationAnti-Bribery Policy. Gifts include money, goods, services or loans given ostensibly as a mark of friendship or appreciation.
Anti-Bribery Policy Policy Owner Stephen Martin Date of Approval October 2014 Approved by Club Board Scheduled for next review October 2014 1. Definitions Anti-Bribery & Corruption Officer: Steamship s
More informationWHAT PERSONAL INFORMATION DO WE COLLECT ABOUT YOU?
Privacy Policy ABOUT US In this privacy notice, references to we or us or CODE are to the company under the name CODE Underwriting Agency including its affiliated companies and subsidiaries, and references
More informationSARBANES-OXLEY ACT OF 2002 WHAT YOU NEED TO KNOW NOW
SARBANES-OXLEY ACT OF 2002 WHAT YOU NEED TO KNOW NOW On Tuesday, July 30, 2002, President Bush signed into law the Sarbanes-Oxley Act of 2002, one of the most sweeping revisions of the federal securities
More informationContract Certainty Principles and Guidance Notes
Contract Certainty Principles and Guidance Notes Scope This guidance applies to all reinsurance contracts entered into by an MAS- regulated (re)insurer, or arranged through an MAS-regulated intermediary.
More informationa) Employers Liability Insurance Policy Wording
a) Employers Liability Insurance Policy Wording Section 1: PREAMBLE In consideration of the payment of the premium to US, WE shall provide the cover described in the POLICY, subject to its terms and conditions,
More informationCredit Insurance Proposal Form
Please complete all the sections of the form, including Appendices A and B and return to Equinox Global Limited, Sutherland House, 3 Lloyd s Avenue, London EC3N 3DS. The form may be completed on screen,
More information1. What does the liquidation mean for policyholders who have outstanding claims with saxum?
Frequently Asked Questions (FAQs) 1. What does the liquidation mean for policyholders who have outstanding claims with saxum? saxum Insurance Company (saxum) is currently insolvent, which means that they
More informationPrivacy Statement. Introduction
Privacy Statement Introduction Aiken Insurances Ltd is committed to protecting and respecting your privacy. We wish to be transparent on how we process your data and show you that we are accountable with
More informationFROM: Director, Worldwide Markets EXTN: DATE: 18 November 2004 REF: Y3429
FROM: Director, Worldwide Markets EXTN: 6677 DATE: 18 November 2004 REF: Y3429 SUBJECT: 1. FLORIDA OFFICE OF INSURANCE REGULATION - EMERGENCY RULE 69OER04-19 CLAIMS ADJUSTMENT REQUIREMENTS 2. FLORIDA DEPARTMENT
More informationLeaders, Followers & Agreement Parties: Rights, obligations and problems under the Subscription Agreement. Andrew Schütte, Partner Hill Dickinson LLP
Leaders, Followers & Agreement Parties: Rights, obligations and problems under the Subscription Agreement Andrew Schütte, Partner Hill Dickinson LLP LMA Academy Disclaimer Whilst we endeavour to ensure
More informationNon-Marine. Binding Authority Agreement
Non-Marine Binding Authority Agreement (Excluding U.S.A. & Canada domiciled coverholders) LMA3019 (Broker) (20/07/2006) Form approved by Lloyd s Market Association Page 1 of 15 Table of Contents Title
More informationReview Requirements Checklist Personal Umbrella
FORMS Applications Filing Applications T11 NCAC 10.1201 (c) Applications or Declarations Pages that are used with Policy forms shall be submitted to and approved by the commissioner. Statements in Applications
More informationClaims Practice. Handling and Settlement
Claims Practice Handling and Settlement Topic Objectives Contents 6. Handling Personal Lines Claims Explain the impact of regulatory requirements on handling personal lines claims Explain the typical personal
More informationAXIS PRO MPL SOLUTIONS APPLICATION
AXIS PRO MPL SOLUTIONS APPLICATION WHAT THE APPLICANT SHOULD KNOW ABOUT THIS APPLICATION: CLAIMS MADE POLICY This application is for a CLAIMS MADE POLICY. Claims made coverage applies only to those claims
More informationFIDUCIARY LIABILITY SOLUTIONS Application for Insurance Renewal Business NOTICE. I. General Information
NOTICE THE POLICY YOU ARE APPLYING FOR APPLIES ONLY TO ANY CLAIM FIRST MADE DURING THE POLICY PERIOD AND REPORTED TO THE COMPANY DURING THE POLICY PERIOD OR REPORTED WITHIN ANY APPLICABLE EXTENDED REPORTING
More informationComprehensive Coverage for Not-for-Profit Organizations
Comprehensive Coverage for Not-for-Profit Organizations Including Directors and Officers Liability (D&O), Employment Practices (EPL), and Fiduciary Liability (FL) Insurance Solutions Chubb is pleased
More informationTerms of Business Agreement
Terms of Business Agreement Between Rentguard Limited 27 Great West Road Brentford London TW8 9BW And Sub-Broker Agency Number: This agreement is made on the: Contents 1. Interpretation & Definitions 2.
More informationLIBERTY INSURANCE UNDERWRITERS INC.
LIBERTY INSURANCE UNDERWRITERS INC. (hereinafter called the Company ): In consideration of and subject to the payment of the premium, the agreement of the Named Insured to pay the Deductible amount stated
More informationA REINSURER S RIGHT TO INSPECT
A REINSURER S RIGHT TO INSPECT Introduction The very nature of reinsurance means that, more often than not, reinsurers are not privy to details about how the reinsured manages claims and losses. The right
More informationPROFESSIONAL INDEMNITY INSURANCE POLICY
PROFESSIONAL INDEMNITY INSURANCE POLICY Various words and phrases have a standard meaning within this policy of insurance and such meanings are defined in the section headed definitions The headings used
More informationThe Reinsurance Placement Cycle
Session 507 Tuesday, June 10, 2014 1:45pm 3:15pm IASA 86 TH ANNUAL EDUCATIONAL CONFERENCE & BUSINESS SHOW Overview This will be an interactive session describing the placement of a reinsurance program
More informationCOVERAGE PART C PROFESSIONAL LIABILITY THIS COVERAGE PART IS PROVIDED ON A CLAIMS-MADE AND REPORTED BASIS. PLEASE READ THE ENTIRE FORM CAREFULLY.
COVERAGE PART C PROFESSIONAL LIABILITY THIS COVERAGE PART IS PROVIDED ON A CLAIMS-MADE AND REPORTED BASIS. PLEASE READ THE ENTIRE FORM CAREFULLY. SECTION I - INSURING AGREEMENTS EACH OF THE FOLLOWING COVERAGES
More informationSenior Manager, US, Worldwide Markets LOCATION: G12 EXTENSION: 5131 DATE: 18 th January 2002 REFERENCE: Y2700 SUBJECT:
Market Bulletin One Lime Street London EC3M 7HA FROM: Senior Manager, US, Worldwide Markets LOCATION: G12 EXTENSION: 5131 DATE: 18 th January 2002 REFERENCE: Y2700 SUBJECT: ILLINOIS: TERRORISM EXCLUSIONS
More informationTitle: Anti-Bribery Policy
Title: Anti-Bribery Policy Approved May 2012 Reviewed September 2016 1 1. Introduction The Bribery Act 2010 (the Act) introduces a new, clearer regime for tackling bribery that applies to all commercial
More informationNC General Statutes - Chapter 58 Article 34 1
Article 34. Agency and Management Contracts. 58-34-1: Repealed by Session Laws 1991, c. 681, s. 50. 58-34-2. Managing general agents. (a) As used in this Article: (1) "Control", including the terms "controlling",
More informationTerms of Business Agreement. Arthur J. Gallagher Insurance Brokers Ltd
Terms of Business Agreement Arthur J. Gallagher Insurance Brokers Ltd Contents Arthur J. Gallagher Insurance Brokers Ltd 1 Scope and application... 4 Who are we?... 5 What do we do?... 5 Which insurers
More informationTERMS OF BUSINESS AGREEMENT CAUNCE O HARA & COMPANY LTD
TERMS OF BUSINESS AGREEMENT CAUNCE O HARA & COMPANY LTD Please read this document carefully as it sets out the terms on which we agree to act for our clients and contains important regulatory and statutory
More informationManaging general agents.
58-34-2. Managing general agents. (a) As used in this Article: (1) "Control", including the terms "controlling", "controlled by", and "under common control", means the direct or indirect possession of
More informationCLEARING, SETTLEMENT AND CENTRAL DEPOSITORY MODULE
CLEARING, SETTLEMENT AND CENTRAL DEPOSITORY MODULE MODULE: CSD: CLEARING, SETTLEMENT AND CENTRAL DEPOSITORY Table of Contents CSD-A CSD-B CSD-1 CSD-2 Date Last Changed Introduction CSD-A.1 Purpose 04/2016
More informationRegulatory Bulletin FROM:
Regulatory Bulletin One Lime Street London EC3M 7HA FROM: Head of Market Supervision LOCATION: 86/G5 EXTENSION: 5355 DATE: 26 April 2002 REFERENCE: 015/2002 SUBJECT: US REGULATORY REQUIREMENTS SUBJECT
More informationExpense Calculation Workshop. Who Gets the Money?
Expense Calculation Workshop Who Gets the Money? July 17, 2018 Exercises and Contract Language Who Gets the Money Exercises Index I. Expense Calculation Formula Page 3 II. Exercise # 1 Pages 4-5 III. Exercise
More informationGeneral Insurance Agency Management Framework THE BEST PRACTICES GUIDE
General Insurance Agency Management Framework THE BEST PRACTICES GUIDE 11 JULY 2005 BEST PRACTICES GUIDELINES FOR AGENCY MANAGEMENT 1. The Best Practices Guidelines for Agency Management ( the Best Practices
More informationSales Sales to individual consumers in the UK are within scope. Group policies are out of scope.
FCA INFORMATION REQUEST GENERAL INSURANCE VALUE MEASURES PILOT Scope General Insurance products List of pilot products (excluding reinsurance contracts): Home (combined buildings and contents policies)
More informationThe Insurance Act 2015: An overview
The Insurance Act 2015: An overview The Insurance Act 2015: An overview Introduction Act comes into force on 12 August 2016 No retrospective effect Will apply to all commercial insurance contracts, where
More informationKINGDOM OF SAUDI ARABIA. Capital Market Authority
KINGDOM OF SAUDI ARABIA Capital Market Authority DRAFT INSTRUCTIONS ON ISSUING DEPOSITARY RECEIPTS OUT OF THE KINGDOM FOR SHARES ISSUED IN THE KINGDOM English Translation of the Official Arabic Text Issued
More informationSunrise Brokers LLP Standard Terms of Business 12 December 2017 (Updated at clause effective 25 May 2018 for GDPR)
Sunrise Brokers LLP Standard Terms of Business 12 December 2017 (Updated at clause 13.16 effective 25 May 2018 for GDPR) Index Sunrise Brokers LLP Standard Terms of Business 1. General Information 2. Applicable
More informationMotor Vehicle Claim Form
Motor Vehicle Claim Form Dear Policyholder, We re sorry to hear you ve had an accident. Our aim is to settle your claim as quickly as possible. You can help us do this by ensuring the enclosed claim form
More informationTHE CHARTERED INSURANCE INSTITUTE. Read the instructions on page 3 carefully before answering any questions.
THE CHARTERED INSURANCE INSTITUTE P97 Diploma in Insurance Unit P97 Reinsurance April 2012 examination Instructions Three hours are allowed for this paper. Do not begin writing until the invigilator instructs
More informationOur service terms Commercial Terms of Business Version: April 2018 v2
Our service terms Commercial Terms of Business Version: April 2018 v2 Important Information and Commercial Terms of Business Contents IMPORTANT INFORMATION AND TERMS OF BUSINESS... 3 1 What this document
More informationReinsurance (Passing grade for this exam is 74)
Supplemental Background Material NAIC Examiner Project Course CFE 3 (Passing grade for this exam is 74) Please note that this study guide is a tool for learning the materials you need to effectively study
More informationTerms of Business Agreement (Risk Transfer)
Terms of Business Agreement (Risk Transfer) An Agreement dated governing the conduct of Insurance Business between: and Unicorn Underwriting Limited whose registered office / principal place of business
More informationREINSURANCE ON AN ASSUMPTION BASIS ( ASSUMPTION REINSURANCE )
Index REINSURANCE ON AN ASSUMPTION BASIS ( ASSUMPTION REINSURANCE ) Legislative Authorities Sections 254 and 587.1 of the Insurance Companies Act ( ICA ) 1 Assumption Reinsurance as Compared to Indemnity
More informationInvoice Finance. General Conditions
Invoice Finance General Conditions 1 Contents CONDITIONS APPLICABLE TO ALL FACILITIES... 4 1. Period of the Agreement... 4 2. Sale and purchase of Debts... 4 3. Trusts... 4 4. Schedules... 4 5. Approval
More informationGUIDELINES ON REINSURANCE PRACTICES AND PROCEDURES
IR-GUID-14/10-0017 GUIDELINES ON REINSURANCE PRACTICES AND PROCEDURES The Financial Services Commission 39-43 Barbados Avenue Kingston 5, Jamaica W.I. Telephone No. (876) 906-3010 October 1, 2014 One of
More informationFIDUCIARY LIABILITY INSURANCE FOR GOVERNMENTAL PLANS NEW BUSINESS APPLICATION
SOLIDARITY PROTECTION GROUP a voluntary membership organization operating pursuant to the Liability Risk Retention Act of 1986 and whose principal office is: 4323 Warren Street, NW, Washington, DC 20016-2437
More informationTRADE CREDIT INSURANCE
QBE EUROPEAN OPERATIONS TRADE CREDIT INSURANCE Proposal Form Please read the following information carefully This document sets out the important information that you, or your insurance advisor on your
More informationManaging agents and Lloyd's brokers to note and comply with the provisions of the Emergency Rule
market bulletin From Director, Worldwide Markets (extn 6677) Date 8 December 2005 Reference Subject Subject areas Attachments Action points Deadlines Y3695 Florida Department of Financial Services Emergency
More informationMid-term Broker Change Best Practice Market guidelines November 2010
Introduction There are occasions when the broker which administers an insurance contract, known as the Broker of Record (BOR), changes during the life of the contract. This Mid-Term Broker Change (MTBC)
More informationabcde "Cooperation" in Settling Claims The Relationship between Cedents and Reinsurers Convención Anual de Seguros of the
Convención Anual de Seguros of the abcde Mexican Association of Insurers (Asociación Mexicana de Instituciones de Seguros - AMIS) June 9 th & 10 th 2008 "Cooperation" in Settling Claims The Relationship
More information10 January ISDA Australian Risk Mitigation Agreement FAQs
10 January 2018 ISDA Australian Risk Mitigation Agreement FAQs ISDA has prepared this list of frequently asked questions to assist in your consideration of the Agreement relating to APRA Risk Mitigation
More informationAPPLICATION FOR EMPLOYEE BENEFIT PLAN FIDUCIARY LIABILITY INSURANCE
Name of Insurance Company to which application is made APPLICATION FOR EMPLOYEE BENEFIT PLAN FIDUCIARY LIABILITY INSURANCE NOTICE: THE POLICY FOR WHICH APPLICATION IS MADE APPLIES, SUBJECT TO ITS TERMS,
More informationENTREPRENEUR S STARTUP SCALEUP IPO GUIDE.
ENTREPRENEUR S GUIDE www.smeguide.org STARTUP SCALEUP IPO DOWNLOAD THE ELECTRONIC VERSION OF THE GUIDE AT: www.smeguide.org 20 DIRECTORS AND OFFICERS INSURANCE: INSURING YOURSELF AND YOUR COMPANY CLYDE
More informationFinancial Services Guide. Version 8 April Aon Risk Services Australia Limited ABN AFSL Financial Services Guide 1
Financial Services Guide Version 8 April 2018 Aon Risk Services Australia Limited ABN 17 000 434 720 AFSL 241141 Financial Services Guide 1 2 Financial Services Guide Financial Services Guide This Financial
More informationReview Requirements Checklist Professional Liability
FORMS Applications Filing Applications T11 NCAC 10.1201 (c) Applications or Declarations Pages that are used with Policy forms shall be submitted to and approved by the commissioner. Statements in Applications
More informationInsurance module. Trainer s introduction. Learning objectives. After completing the module, learners will be able to:
Insurance module Trainer s introduction Anyone who owns a vehicle in Canada must have some familiarity with the basics of insurance. Other types of insurance are similar in principle, but differ in important
More informationEvent Weather Insurance Policy. Australia
Event Weather Insurance Policy Australia THE ASSURED IS REQUESTED TO READ THIS POLICY AND, IF IT IS INCORRECT, RETURN IT IMMEDIATELY TO THEIR BROKER OR AGENT FOR ALTERATION. 2 Event Weather Insurance Policy
More informationBROKEREDGE SM SECURITIES BROKERAGE EXECUTIVE AND PROFESSIONAL LIABILITY APPLICATION
Executive Risk Indemnity Inc. Home Office Wilmington, Delaware 19805-1297 Administrative Offices/Mailing Address: 82 Hopmeadow Street Simsbury, Connecticut 06070-7683 BROKEREDGE SM SECURITIES BROKERAGE
More informationThis Policy also explains how we collect information through the use of cookies and related technologies which are relevant if you visit our Site.
PRIVACY POLICY We are committed to protecting your privacy. This privacy policy ("Policy") explains what personal information Sompo International Insurance (Europe), SA ("SIIE", "we", us") collects from
More informationThe First-tier Tribunal established under the Tribunals, Courts and Enforcement Act 2007.
Legal services compensation scheme regulations General Authority and commencement 1.1. These regulations are made by the Council of ICAEW, pursuant to Clause 16 of the Supplemental Royal Charter of 1948.
More informationKINGDOM OF SAUDI ARABIA. Capital Market Authority INVESTMENT FUNDS REGULATIONS
KINGDOM OF SAUDI ARABIA Capital Market Authority INVESTMENT FUNDS REGULATIONS English Translation of the Official Arabic Text Issued by the Board of the Capital Market Authority Pursuant to its Resolution
More informationBrunei Insurance & Takaful Association (BITA)
APPLICATION FORM FOR THE REGISTRATION OF GENERAL INSURANCE/TAKAFUL AGENTS NAME OF AGENT OR CORPORATE NOMINEE (according to Identity Card) CATEGORY (Please ( / ) tick) Individual Corporate Agency Attach
More informationWorking With You: Broker Guide. Get started. UK guide January 2015
1/ Working With You: Broker Guide Get started UK guide January 2015 Intro Contents Glossary Legal disclaimer Welcome 01/ We ve been providing premium finance facilities for almost four decades now, and
More informationReview Requirements Checklist Commercial Inland Marine
FORMS Applications Filing Applications T11 NCAC 10.1201 (c) Applications or Declarations Pages that are used with Policy forms shall be submitted to and approved by the commissioner. Statements in Applications
More informationUIBL. United Insurance Brokers Ltd. Client Service Charter
United Insurance Brokers Ltd Client Service Charter We understand that, while the nature of every business sector is different and demanding, delivering quality products and services is fundamental to
More informationItem B. Policy Period: «f11» to «f12» both days at 12:01 a.m. standard time at the principal address stated in Item A. SPECIMEN
This Declaration Page is attached to and forms part of certificate provisions (Form SLC-3). Previous No. «f1» Authority Ref. No. B1216PRW1 1853 Certificate No. «f2» EXCESS LIABILITY COVERAGE FORM CLAIMS
More informationAn Agreement dated 22/ governing the conduct of Insurance Business between:
Terms of Business Agreement (Non Risk Transfer) An Agreement dated 22/09 2009 governing the conduct of Insurance Business between: and Vectura Underwriting, a trading name of Aquila Underwriting LLP, transacting
More informationUNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF CALIFORNIA
UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF CALIFORNIA In re: INFOSONICS SECURITIES LITIGATION Civil Action No. 06-CV-1231-JLS (WMC) CLASS ACTION This Document Relates To: JUDGE: Honorable
More informationTHE MEXICO EQUITY AND INCOME FUND, INC. (THE FUND )
THE MEXICO EQUITY AND INCOME FUND, INC. (THE FUND ) OFFER TO REPURCHASE UP TO 25% OF THE FUND S ISSUED AND OUTSTANDING PREFERRED STOCK, PAR VALUE $0.001 PER SHARE (THE PREFERRED SHARES ), AT 99% OF NET
More informationEstablishing an Anti-Corruption Compliance Program in Canada
PUBLICATION Establishing an Anti-Corruption Compliance Program in Canada Date: August 14, 2012 Lawyers You Should Know: Henry Chang Original Newsletter(s) this article was published in: International Business
More informationTreasury Management Policy
Treasury Management Policy Version Number 4.1 Effective from October 2017 Author: Director of Finance Document Control Information Revision History incl. Authorisation: (most recent first) Author Summary
More informationINSURANCE REGULATION OMNIBUS CONSULTATION A CONSULTATION PAPER ON REVISION OF THE RULES AND GUIDANCE FOR LICENSED INSURERS
INSURANCE REGULATION OMNIBUS CONSULTATION A CONSULTATION PAPER ON REVISION OF THE RULES AND GUIDANCE FOR LICENSED INSURERS Issued 17 April 2018 This Consultation Paper makes proposals in respect of the
More informationCHAPTER 84b. ACTUARIAL OPINION AND MEMORANDUM
Ch. 84b ACTUARIAL OPINION 31 84b.1 CHAPTER 84b. ACTUARIAL OPINION AND MEMORANDUM Sec. 84b.1. 84b.2. 84b.3. 84b.4. 84b.5. 84b.6. 84b.7. 84b.8. 84b.9. 84b.10. 84b.11. Purpose. Applicability. Scope. Definitions.
More informationMember Companies of American International Group, Inc. Name of Insurance Company To Which Application is Made
Member Companies of American International Group, Inc. Name of Insurance Company To Which Application is Made Name of Insurance Company to which Application * is made (herein called the Insurer ) TRUST
More informationThe Zurich advantage. Claims services that get you back to business
The Zurich advantage Claims services that get you back to business 2 Great insurance providers distinguish themselves from the competition the moment a claim is made. Zurich is committed to exceptional
More informationWhat Real Estate Lawyers Need to Know About the Sarbanes-Oxley Act of 2002
What Real Estate Lawyers Need to Know About the Sarbanes-Oxley Act of 2002 Ann M. Saegert Dennis R. Cassell Bart J. Biggers Peter D. Christofferson Haynes and Boone, LLP 2505 North Plano Road, Suite 4000
More informationAnti-bribery and corruption policy. The Perse School
Anti-bribery and corruption policy The Perse School January 2019 Contents Introduction... 1 Gifts and hospitality... 2 Facilitating tax evasion... 4 Unacceptable behaviour... 6 Facilitation payments and
More informationAXIS PRO MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION
AXIS PRO MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION WHAT THE APPLICANT SHOULD KNOW ABOUT THIS APPLICATION: CLAIMS MADE POLICY This application is for a CLAIMS MADE POLICY. Claims made coverage applies
More informationOffice of Insurance Regulation Performance Measures
Office of Insurance Regulation Performance Measures GOAL #1: PROMOTE INSURANCE MARKETS THAT OFFER PRODUCTS TO MEET THE NEEDS OF FLORIDIANS WITH FAIR, UNDERSTANDABLE COVERAGE THAT IS PRICED IN A MANNER
More informationDECREE OF THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA NO. 426/KM K.06/2003
DECREE OF THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA NO. 426/KM K.06/2003 CONCERNING LICENSING AND INSTITUTION OF INSURANCE AND REINSURANCE COMPANIES THE MINISTER OF FINANCE Considering : a.
More informationNEW MILLENNIUM TECHNOLOGY TRUST. Distribution Reinvestment Plan
NEW MILLENNIUM TECHNOLOGY TRUST Distribution Reinvestment Plan Introduction New Millennium Technology Trust (the Trust ) wishes to establish this automatic distribution reinvestment plan (the Plan ) to
More informationLIBERTY INSURANCE UNDERWRITERS, INC. (The Liberty Mutual Group)
AGENTS AND BROKERS PROFESSIONAL LIABILITY POLICY The words You, Your and Yours mean the Insured and the words We, Us, and Our refer to the company providing this insurance. In consideration of the payment
More informationManagement Liability Insurance Proposal Form
Management Liability Insurance Proposal Form Management Liability Insurance Proposal Duty of Disclosure This Policy is subject to the Insurance Contracts Act 1984. Under that Act you have a duty of disclosure.
More informationHARTFORD FINANCIAL PRODUCTS TRANSACTIONAL RISK
HARTFORD FINANCIAL PRODUCTS TRANSACTIONAL RISK APPLICATION FOR REPRESENTATIONS & WARRANTIES INSURANCE (This is an Application for claims made and reported Representations and Warranties Insurance coverage)
More informationSettlement Agreement between the Central Bank of Ireland and Intesa Sanpaolo Life dac
Settlement Agreement between the Central Bank of Ireland and Intesa Sanpaolo Life dac Intesa Sanpaolo Life dac fined 1,000,000 by the Central Bank of Ireland in respect of antimoney laundering and terrorist
More informationAXIS PRO MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION FOR STANDARDS AND SPECIFICATIONS
SPONSORED BY: AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AXIS PRO MISCELLANEOUS PROFESSIONAL LIABILITY APPLICATION FOR STANDARDS AND SPECIFICATIONS WHAT THE APPLICANT SHOULD KNOW ABOUT THIS APPLICATION
More informationREGULATIONS FOR THE DEFENCE OF CUSTOMERS OF MONEYCORP FINANCIAL RISK MANAGEMENT LIMITED, SUCURSAL EN ESPAÑA
REGULATIONS FOR THE DEFENCE OF CUSTOMERS OF MONEYCORP FINANCIAL RISK MANAGEMENT LIMITED, SUCURSAL EN ESPAÑA 1 APPLICABLE LAW 11 Article 29 of Law 44/2002 of 22 November 2002 on measures for the reform
More information