Reinsurance Review - July 2011

Reinsurance Review - July 2011

July 1, 2011

In this month’s edition:

  • Reinsurer Did Not Breach Broker Services Agreement
  • Prejudgment Interest Not Calculated on Punitive Damages Award; Attorney’s Fee Award Not Excessive Due to Defendants’ Conduct
  • Claim Against Reinsurer by Cedent’s Policyholder Must be Arbitrated
  • Reinsurer Must Prove Prejudice to Avoid Coverage Based on Late Notice
  •  Reinsurer Obligated to Cover Financial Guarantee Policy Based on Policy’s Risk Rating as of Effective Date of Reinsurance Agreement
  •  Suit Filed to Prevent Merger of Reinsurers, Transatlantic and Allied World