Reinsurance Focus

It is important that all contracts accurately and clearly set forth the agreements of the parties to the contract. One of the most critical parts of any reinsurance agreement is specifying the scope of the risks transferred pursuant to the agreement. In a Treaty Tip, Rollie Goss discusses a recent case which was filed due to perceived uncertainty with respect to the contractual loss limit of facultative reinsurance certificates. Treaty Tip: The Mutual Benefits of Clear Reinsurance Limits.

This post written by Rollie Goss.

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Service of Suit provisions are standard in reinsurance agreements, but broad provisions viewed by many as “standard” may create unintended consequences.  This issue is discussed by Rollie Goss in a Treaty Tip titled The Service of Suit Provision.

This post written by Rollie Goss.

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Representing ceding insurers in the creation of catastrophe bonds has provided us experience in introducing creativity into traditional reinsurance agreements. Read some of our suggestions in our latest Treaty Tip.

This post written by Rollie Goss.

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Arbitration can proceed more quickly and efficiently if one pays appropriate attention to the arbitration process in drafting reinsurance agreements. Tony Cicchetti continues his series of Treaty Tips with advice on how to avoid unnecessary litigation through better agreement drafting, in Nailing Down the Arbitration Process.

This post written by Anthony Cicchetti.

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In this Treaty Tip, Tony Cicchetti discusses the significance of “honorable engagement” clauses in reinsurance agreements.

This post written by Tony Cicchetti.

Changing an underlying insurance policy can create a reinsurance coverage gap; a “follow the fortunes” provision in the reinsurance agreement will not always close the gap. In a Treaty Tip, Tony Cicchetti describes a recent example of this.

This post written by Tony Cicchetti.

How important is it to specify the rate at which unpaid amounts will accrue interest under a reinsurance agreement? In a Treaty Tip, Tony Cicchetti provides two examples from recent court opinions that illustrate the importance of covering this topic in a reinsurance contract.

This post written by Tony Cicchetti.

Tony Cicchetti offers a Treaty Tip concerning arbitrator selection, and a recent case concerning the process for selecting the umpire for an arbitration in a matter involving Lloyd’s.

This post written by Tony Cicchetti.