Abstract

The global economic impact of reinsurance has increased significantly in recent years, leading to a desire for more certainty in the legal interpretation of reinsurance contracts as the number of disputes increases. Reinsurance contract wordings are not regulated by any overarching statutory law or regulations, in part due to the transnational nature of most reinsurance business. Additionally, reinsurance contracts have historically been interpreted by applying only general principles of contract law and good faith obligations with a heavy emphasis on the parties practice, usage and custom. This has led to significant uncertainty with respect to reinsurance disputes. The Principles of Reinsurance Contract Law (PRICL), published in 2019, aim to bring certainty to reinsurance contracts by improving wordings and developing widely accepted rules of interpretation.

中文翻译：

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再保险合同法原则：再保险人的观点

摘要

近年来，再保险对全球经济的影响显着增加，导致随着争议数量的增加，人们对再保险合同的法律解释更加希望具有确定性。再保险合同的措辞不受任何总体成文法例或法规的约束，部分原因是大多数再保险业务具有跨国性质。另外，从历史上来讲，再保险合同是通过仅适用合同法的一般原则和诚信义务来解释的，其中重在强调当事方的惯例，用法和习惯。这导致了关于再保险纠纷的极大不确定性。再保险合同法原则（PRICL），于2019年发布，