Standard Reinsurance Agreement Template for Indonesia

1. Broker Involvement: Required when a reinsurance broker is involved in the arrangement, detailing their role and responsibilities

2. Currency Exchange Provisions: Required for international reinsurance agreements involving multiple currencies

3. Sanctions Clause: Required when dealing with international reinsurance partners to address compliance with international sanctions

4. Special Acceptance Provisions: Required when specific risks outside standard terms may need special acceptance

5. Profit Commission: Optional section for arrangements including profit-sharing mechanisms

6. Portfolio Transfer Provisions: Required when there's a possibility of portfolio transfer during the agreement term

7. Electronic Data Processing: Required when specific electronic systems are used for claims processing or reporting

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

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

3. Schedule C - Claims Processing Procedures: Step-by-step procedures for claims handling and settlement

4. Schedule D - Reporting Templates: Standard formats for periodic reports required under the agreement

5. Schedule E - Financial Security Requirements: Details of any collateral or security requirements

6. Appendix 1 - Service Level Agreement: Specific service standards and response times for various procedures

7. Appendix 2 - Contact Details: List of key contacts and escalation matrices for both parties

8. Appendix 3 - Compliance Requirements: Specific regulatory compliance requirements under Indonesian law