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					                                      Sunset clause (Gen Notes)

The Sunset Clause in the General Liability Insurance Policy
A clause which restricts cover to claims notified during the period from the inception of a (re) insurance
contract to a specified date after the expiry of that contract.
AND ALSO:
A clause in a casualty excess of loss reinsurance cover that provides that the reinsurer will respond only to
losses reported before some predetermined future date (sunset). The clause is used to limit the reinsurer's
exposure to the "long-tail" of liability exposure, particularly in the U.S.

				
Rizwan Nasir Rizwan Nasir Manager Reinsurance
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