Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.
Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.
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 ...