White Papers Disclaimer - Brokers & Reinsurance Markets Association

Please Read and Confirm this Disclaimer.

The Brokers & Reinsurance Markets Association ("BRMA") publishes the Contract Wording Reference Book (with sample reinsurance clauses) and White Papers contained in this website for the general use and information of the insurance and reinsurance industries.

The clauses presented in the BRMA contract page(s) are intended to improve the clarity of reinsurance contracts and the efficiency of the marketplace. A clause is included herein if it is substantially different from any other BRMA clause and, at the time of its publication, is reported by at least two BRMA members as in their respective reinsurance contracts.

The various clauses presented herein may differ considerably as to the terminology, e.g., “Company,” “Companies,” “Reinsured,” or “Reassured” may be used to identify a ceding company; and “Reinsurer,” “Reinsurers,” or “Underwriters” may be used to identify an assuming reinsurance company. Likewise, the reinsurance contract may be called a “Contract,” “Treaty,” or “Agreement.” The use of these terms (and others), and whether they are singular or plural, could have a significant effect on the interpretation of the clause and accordingly, care should be taken to adopt consistent usage of these terms.

The White Papers are included for general informational and discussion purposes only. The contents of the White Papers reflect input from individuals who are employed at BRMA member companies and do not necessarily represent the views of BRMA or any individual BRMA member.

The information provided herein whether in a White Paper or as a reinsurance clause, or provision of a clause, is not in any way endorsed, approved, or recommended by BRMA. BRMA makes no representation as to whether such information complies with applicable laws or regulations, or as to its legal sufficiency. Further, the information provided herein does not represent an exhaustive survey of clauses or source material as regards any of the topics of the White Papers. BRMA has allowed this information to be compiled to facilitate the preparation of reinsurance contracts and to increase informed discussion of issues which may affect the drafting of reinsurance contracts. BRMA does not assume and specifically disclaims any liability with respect to the use of any information or material found herein for any purpose.

These materials are intended, but not promised or guaranteed to be, current, complete, or up-to-date.  Some of the clauses available on this website may not be in use by BRMA members after their original publication.

The materials on this website are provided for informational purposes only and do not constitute legal, accounting, regulatory, or tax advice.  To the extent that any attorney has been involved in the drafting or communication of any information on this website, the transmission of such information is not intended to create, and the receipt does not constitute, an attorney-client relationship. They are not offered as, and do not constitute, legal advice or legal opinions. You should not act or rely on any legal information contained in this website without first seeking the advice of an attorney.  You should consult a reinsurance contract wording professional for advice regarding reinsurance contracts and clauses.

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