Standard Reinsurance Agreement Template for Germany

1. Sanctions Clause: Required when dealing with international risks or parties subject to potential sanctions

2. Broker Involvement: Needed when a reinsurance broker is involved in the arrangement

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

4. Portfolio Transfer: Required when existing business is being transferred as part of the arrangement

5. Profit Commission: Included in proportional treaties where profit sharing is agreed

6. Special Acceptance: Required when specific risks outside standard terms may be accepted

7. ECO/XPL Coverage: Optional coverage for extra contractual obligations and excess of policy limits

8. Special Termination: Additional termination rights for specific events like rating downgrades

1. Schedule A - Risk Details: Detailed specification of covered risks, limits, and retentions

2. Schedule B - Premium Calculation: Detailed methodology for premium calculation and adjustments

3. Schedule C - Claims Information Requirements: Specific requirements for claims documentation and reporting

4. Schedule D - Accounting and Settlement Procedures: Detailed procedures for financial reporting and settlements

5. Schedule E - Security Requirements: Specific details of required security or collateral arrangements

6. Appendix 1 - Excluded Risks: Detailed list of specifically excluded risks and circumstances

7. Appendix 2 - Reporting Templates: Standard forms and templates for regular reporting requirements

8. Appendix 3 - Claims Guidelines: Detailed procedures and guidelines for claims handling

9. Appendix 4 - Information Sharing Protocol: Procedures for sharing sensitive or personal data in compliance with GDPR