Disclaimer
The Brokers & Reinsurance Markets Association ("BRMA") publishes the 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 the contract and the efficiency of the marketplace. A clause is included herein if it is substantially different from any other BRMA clause and is currently in two or more BRMA member reinsurance contracts.

A word of caution to the user of this Contract Wording Reference Book. The various clauses used herein will differ considerably as to the terminology: i.e., Company, Companies, Reinsured or Reassured may be used to identify the Cedant; and Reinsurer, Reinsurers or Underwriters may be used to identify the Assumer. Likewise, the document may be called Contract, Treaty or Agreement. The use of these nouns and whether they are singular or plural could have a significant effect on the interpretation of the clause and accordingly, in using different nouns, care should be taken to adopt consistent usage.

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 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, BRMA cautions that the information provided herein does not necessarily represent an exhaustive survey of clauses or source material as regards any of the topics of the white pages. BRMA has allowed this information to be compiled herein 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.