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Our Reinsurance attorneys represent clients in litigation, arbitration, and mediation of disputes arising out of:
In the last fifteen years, our attorneys have litigated or arbitrated over 100 reinsurance cases to final conclusion--resulting in awards in the hundreds of millions to our ceding company clients, and very substantial savings to our reinsurer clients. Numerous additional cases have been favorably resolved by settlement during the same time period. Our lawyers have been involved in ground-breaking disputes involving follow-the-fortunes, environmental allocation, workers' compensation, numerous kinds of financial instruments, insurer and reinsurer insolvency, reinsurance for asbestos losses, actuarial issues in life reinsurance, pools, and many other current topics. We have negotiated market agreements with regard to major repetitive issues of principle. We have made substantial use of professional mediation in reinsurance disputes. Our attorneys bring years of trial and arbitration experience to bear on our clients’ concerns, are very knowledgeable about the leading industry arbitrators and experts, and know how to effectively balance aggressiveness and efficiency in achieving positive results. Transactional Work Our lawyers draft and counsel clients regarding the use of reinsurance-related devices in:
Our lawyers have drafted reinsurance and related contracts for life, accident, and health and for property/casualty carriers to effect the transfer of books of business and portions of companies in countries throughout the world. We have drafted reinsurance contracts to address risks in significant real estate transactions, to make contract language more suitable for technology exposures, to provide for new methods of risk transfer, and in many other contexts. Auditing and Counseling Our lawyers construct audit protocols and perform audits for reinsurers, ceding companies, and potential purchasers with particular expertise in:
On behalf of reinsurance and transactional clients, we have audited some of the largest D&O and professional liability books in the United States. In the last several years, we have expanded our ability to represent insurers before regulatory agencies in such matters as licensing, restructuring, merger and other regulatory issues. We have used our reinsurance claims experience to counsel clients in broad and specific issues of claim handling and presentation, contract construction, dispute avoidance, and the use of ADR to minimize transaction costs. Insurance Insolvency Our attorneys have represented insurers, reinsurers and other entities in connection with insurer and reinsurer insolvencies. We have represented our clients in disputes involving setoff, cut-through, acceleration, collateral, arbitration rights, and other issues. We have counseled clients on eliminating or reducing the risks associated with the insolvency of trading partners and have negotiated settlements, commutations, and assumption reinsurance transactions with receivers. |
Our Reinsurance Practice Group works with a wide range of reinsurance issues, including reinsurance disputes, transactional work and auditing and counseling.
FOR MORE INFORMATION ABOUT REINSURANCE, CONTACT: |
