Co | Insurance - lectures
Coinsurance contractualizing relationship val d europe between two or more insurers in terms of subject-matter insured to take risks with contracted share of the total liability to the insured. It applies when insure large-value object, the responsibility for which can not be absorbed by one insurer. In co-insurance horizontally distributed risk and responsibility val d europe between co-insurers in order to achieve financial gain and more security and protection. Co-insurers can accept joint (equal) or responsibility for specific parts (defined percentage) of the sum insured, in a predetermined ratio. Distribution of incoming insurance premiums and participation in risk-taking occurred insurance events shall be in accordance with the terms of co-insurance contract. Co may be carried out in various forms. It occurs when two insurers consciously assume responsibility for the same object against the same risks for the same period of time before the same insured. Each co-insurer pays part of the total liability in respect of the insured object, which is usually a percentage of the sum insured. In this case, the insured may conclude an insurance contract with all the co-insurers or separately with each of the co-insurers. In the first case, the occurrence of an insured event, co-insurers, as part of the insurance contract are in solidarity. The insured is entitled to request compensation insurance from one of the co-insurers, val d europe and they can arrange their mutual relations. In the second case, the co-insurers are not jointly and severally liable in the event of an insured event. Each through a separate contract with the insured bears only part of its overall responsibility. Co-insurance is available val d europe and where the insurance contract is concluded between the insured and an insurer who assumes full responsibility for the insured object, and then by co-insurance contract the insurer allocates responsibility between co-insurers. In this case usually determined and leading co-insurer. When an insurance company is the leading insurer in the conclusion of insurance contracts received insurance premiums concluded on behalf of insurance entailing co-insurer. In this case, it pays to coinsurance respective commissions val d europe for mediation. Therefore, when the insurance company is the leading co-insurer is receiving adequate remuneration (commission) for mediation in the conclusion of insurance on behalf and for the account of the leading insurer in co-insurance contract. Simultaneously, the parties deliberately take parts of general liability of the insured objects. Upon the occurrence of the insured damage is paid to the insurer. His last paid insurance compensation. Turn insurer turns to co-insurers and each bear their share of the amount of insurance compensation. Responsibility should always be consistent with the financial capacity of the co-insurers. The insurance company may have been the leading insurer in the conclusion of insurance, val d europe but not leading in addressing the risk for any insurance events (such as insurance "Theft of motor vehicles," huge risks). In this case the insurance company concludes insurance contracts with policyholders and yielded a significant portion of the premium of co-insurance, which will bear the entire risk or the majority of it in the event of insurance for insurance co-insurance contract. Premiums ceded co-insurance, however, is not remuneration (commission) for mediation, but is income from co-insurance. val d europe Co-insurance in the majority of cases is carried out in the presence of reinsurance.
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Categories val d europe Insurances Liability Insurance Insurance Credit Control val d europe Insurance Liquidation damage Personal insurance Total Basic insurance Forms of insurance funds of the insurer val d europe reserves Technical Pages Liability Home
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Coinsurance contractualizing relationship val d europe between two or more insurers in terms of subject-matter insured to take risks with contracted share of the total liability to the insured. It applies when insure large-value object, the responsibility for which can not be absorbed by one insurer. In co-insurance horizontally distributed risk and responsibility val d europe between co-insurers in order to achieve financial gain and more security and protection. Co-insurers can accept joint (equal) or responsibility for specific parts (defined percentage) of the sum insured, in a predetermined ratio. Distribution of incoming insurance premiums and participation in risk-taking occurred insurance events shall be in accordance with the terms of co-insurance contract. Co may be carried out in various forms. It occurs when two insurers consciously assume responsibility for the same object against the same risks for the same period of time before the same insured. Each co-insurer pays part of the total liability in respect of the insured object, which is usually a percentage of the sum insured. In this case, the insured may conclude an insurance contract with all the co-insurers or separately with each of the co-insurers. In the first case, the occurrence of an insured event, co-insurers, as part of the insurance contract are in solidarity. The insured is entitled to request compensation insurance from one of the co-insurers, val d europe and they can arrange their mutual relations. In the second case, the co-insurers are not jointly and severally liable in the event of an insured event. Each through a separate contract with the insured bears only part of its overall responsibility. Co-insurance is available val d europe and where the insurance contract is concluded between the insured and an insurer who assumes full responsibility for the insured object, and then by co-insurance contract the insurer allocates responsibility between co-insurers. In this case usually determined and leading co-insurer. When an insurance company is the leading insurer in the conclusion of insurance contracts received insurance premiums concluded on behalf of insurance entailing co-insurer. In this case, it pays to coinsurance respective commissions val d europe for mediation. Therefore, when the insurance company is the leading co-insurer is receiving adequate remuneration (commission) for mediation in the conclusion of insurance on behalf and for the account of the leading insurer in co-insurance contract. Simultaneously, the parties deliberately take parts of general liability of the insured objects. Upon the occurrence of the insured damage is paid to the insurer. His last paid insurance compensation. Turn insurer turns to co-insurers and each bear their share of the amount of insurance compensation. Responsibility should always be consistent with the financial capacity of the co-insurers. The insurance company may have been the leading insurer in the conclusion of insurance, val d europe but not leading in addressing the risk for any insurance events (such as insurance "Theft of motor vehicles," huge risks). In this case the insurance company concludes insurance contracts with policyholders and yielded a significant portion of the premium of co-insurance, which will bear the entire risk or the majority of it in the event of insurance for insurance co-insurance contract. Premiums ceded co-insurance, however, is not remuneration (commission) for mediation, but is income from co-insurance. val d europe Co-insurance in the majority of cases is carried out in the presence of reinsurance.
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Categories val d europe Insurances Liability Insurance Insurance Credit Control val d europe Insurance Liquidation damage Personal insurance Total Basic insurance Forms of insurance funds of the insurer val d europe reserves Technical Pages Liability Home
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