CONTENTS

About the Contributors

Foreword

The Association of Run-off Companies

1      Introduction to Inspection of Records

2      The Inspection Clause

3      Carrying out an Inspection of Records

4      Types of Inspections

5      The Perspective of the Reinsurer

6      The Perspective of the Cedant

7      The Perspective of an Insolvent Insurer/Reinsurer and Insolvent Broker

8      Legal Aspects

9      Reinsurance Dispute Resolution

Appendices:

i     Audit Checklist

ii     Audit Benchmark

iii    Audit Flowchart