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    LMA3100A

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    bikashdhali001
    This document contains a sanctions limitation clause stating that no reinsurer shall provide coverage or pay claims if doing so would expose the reinsurer to sanctions under United Nations resolutions, European Union, United Kingdom, or United States trade or economic sanctions laws or regulations. The clause aims to ensure reinsurers do not violate international sanctions.

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    LMA3100A

    Uploaded by

    bikashdhali001
    1K views1 page
    This document contains a sanctions limitation clause stating that no reinsurer shall provide coverage or pay claims if doing so would expose the reinsurer to sanctions under United Nations resolutions, European Union, United Kingdom, or United States trade or economic sanctions laws or regulations. The clause aims to ensure reinsurers do not violate international sanctions.

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    This document contains a sanctions limitation clause stating that no reinsurer shall provide coverage or pay claims if doing so would expose the reinsurer to sanctions under United Nations resolutions, European Union, United Kingdom, or United States trade or economic sanctions laws or regulations. The clause aims to ensure reinsurers do not violate international sanctions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    1K views1 page

    LMA3100A

    Uploaded by

    bikashdhali001
    This document contains a sanctions limitation clause stating that no reinsurer shall provide coverage or pay claims if doing so would expose the reinsurer to sanctions under United Nations resolutions, European Union, United Kingdom, or United States trade or economic sanctions laws or regulations. The clause aims to ensure reinsurers do not violate international sanctions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Sanctions Limitation Clause

    No (re)insurer shall be deemed to provide cover and no (re)insurer shall be liable to pay any
    claim or provide any benefit hereunder to the extent that the provision of such cover,
    payment of such claim or provision of such benefit would expose that (re)insurer to any
    sanction, prohibition or restriction under United Nations’ resolutions or the trade or economic
    sanctions, laws or regulations of the European Union, United Kingdom or United States of
    America.

    LMA3100A
    05 October 2023

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