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This is a reinsurance wording clause commonly used in Liability treaty reinsurance. It excludes coverage for liabilities arising in the USA or Canada, but provides a limited write-back of coverage for certain products liability/public liability/employers liability and (in the case of the latest version of LGT 397) personal liability where such coverage is incidental to the underlying policy. - The reason for that is the widespread endeavour to immunize non-US-related reinsurance treaties against US-jurisdiction.

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Q: What is Reinsurance clauses LGT 397?
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