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Financial advisory
RES5Financial Advisory Services✓A 'follow the settlements' (follow the fortunes) clause in a reinsurance treaty generally means the reinsurer:
A follow-the-settlements clause obliges the reinsurer to follow the cedant's good-faith, businesslike settlement of claims falling within the reinsurance, rather than re-adjudicating each one. It reflects the trust underpinning the relationship.
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