CHAPTER 8. Reinsurance

Chapter 8 enacted by Stats. 1935, Ch. 145.

§§ 620–623 · 4 sections

• § 620 A contract of reinsurance is one by which an insurer procures a third person to insure him against loss or liability by reason of such original insurance.
• § 621 A reinsurance is presumed to be a contract of indemnity against liability, and not merely against damage.
• § 622 Where an insurer obtains reinsurance, he must communicate all the representations of the original insured, and also all the knowledge and information he…
• § 623 The original insured has no interest in a contract of reinsurance.