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This title provides a general introduction to and definition of reinsurance. This regularly updated work considers the legal nature of reinsurance, covers the formation and contents of reinsurance agreements, and explains the principle of utmost good faith. It discusses the terms in a reinsurance contract, giving guidance on interpretation; considers general matters including assignment, winding up, reinsurance brokers, and conflict laws; and examines losses and claims, subrogation, contribution, reinstatement, and arbitration. It features chapters by U.S. editors setting out U.S. law on utmost faith as it relates to reinsurance contracts and includes analysis of all the relevant case law and legislation.