Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.
Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.
Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...
The existence of a green socks clause can act as a powerful incentive for each partner to perform his duties and, in the event of an irretrievable breakdown in the relationship with a partner, can ...
Today’s topic is going to be a bit technical. Although it centres on three common grammatical elements, it involves some technicalities, the type we usually want to as much as possible play down in ...