Reinsurance

Our reinsurance coverage and dispute resolution experience

Our reinsurance experience extends across all classes of business, including:

• Property catastrophe
• Energy/power
• Contingency
• Whole account liability
• Casualty/motor treaty
• Specialty
• Political risk/political violence
• Financial lines
• Marine
• Aviation

We act for insurers and reinsurers including Lloyd’s Syndicates, international London Market insurance and reinsurance companies. Examples of our recent work for reinsurance and complex international coverage losses include:

• Acting on behalf of reinsurers in respect of several disputes arising out of COVID-19 losses across various classes of business including catastrophe excess of loss, contingency, and travel excess of loss;
• Advising reinsurers in respect of their exposure under a retrocession of property damage/machinery breakdown reinsurance in respect of a USD $300+ million loss in the Middle East;
• Advising reinsurers regarding their exposure under a facultative reinsurance following a substantial fire loss valued at EUR 300 million in a recycling plant in Germany;
• Acting for reinsurers in a claim under a facultative reinsurance following multiple transformers failure in Malaysia in a claim presented for over MYR 100,000,000;
• Acting for liability insurers in connection with a multi-million-dollar claim brought in California arising from alleged damaged and/or defective photovoltaic modules in India;
• Advising London insurers in connection with a multi-jurisdictional dispute involving proceedings in Ontario, New York, and London where the insured sought to claim US $2.9 billion under legacy public liability policies insured with 22 insurers.