Reinsurance Agreement Template for Germany

1. Profit Commission: Include when profit-sharing arrangements are part of the reinsurance structure

2. Funds Withheld: Required when implementing funds withheld arrangements

3. Portfolio Transfer: Include when there is transfer of existing business at inception or expiry

4. Special Acceptance: Needed for facultative-obligatory treaties or when special risks require specific acceptance

5. Sanctions Clause: Include when international business is covered or parties are subject to different sanctions regimes

6. Special Termination: Include specific triggers for early termination such as rating downgrades or change of control

7. Cut-Through Clause: Optional provision allowing direct access by original insured in specific circumstances

8. Offset Clause: Include when parties have multiple agreements and want right to offset balances

1. Schedule A - Risk Details: Detailed description of covered risks, limits, deductibles, and exclusions

2. Schedule B - Premium Calculation: Detailed methodology for premium calculation, including minimum and deposit premium provisions

3. Schedule C - Reporting Requirements: Templates and timing for bordereaux and other required reports

4. Schedule D - Claims Guidelines: Detailed claims handling procedures and authority limits

5. Schedule E - Security Requirements: Specific details of any collateral or security requirements

6. Appendix 1 - Claims Control Clause: Detailed procedures for claims exceeding specified thresholds

7. Appendix 2 - Excluded Risks: Comprehensive list of excluded risks and territories

8. Appendix 3 - Information Sharing Protocol: Procedures for sharing sensitive information and maintaining confidentiality