Reinsurance disputes frequently involve extremely complex, high-exposure issues that demand effective legal counsel and innovative strategies. Reinsurance disputes are often not resolved in the courtroom. Each matter is unique, and therefore requires its own customized approach.
At NLdH, our attorneys understand the distinct nature of the reinsurance relationship and the complexities of the disputes that can arise between cedants, reinsurers and retrocessionaires. Our team of experienced reinsurance lawyers work closely with clients in both the prosecution and defense of such disputes from inception to conclusion, and also to develop meaningful strategies designed to anticipate potential areas of conflict before they arise.
We have the capabilities, experience, skills and judgment to provide our clients with sophisticated, timely advice related to their particular issues. Our attorneys devise distinct approaches with the goal of achieving our clients' business objectives, while avoiding costly and time consuming litigation and arbitration. While we have the experience to take these complex disputes to conclusion, we are mindful of the potential benefits of, and desire for, a business resolution.
Our reinsurance services include:
- Providing strategic oversight and advice related to high-exposure cases such as asbestos exposure, environmental damage, latent injury, construction defects, health impacts, workers' compensation run-off, catastrophes and bad faith claims
- Analyzing risks associated with complex cases and issues
- Engaging in dispute resolution, including mediation, arbitration and litigation when business resolution is impossible
- Drafting and reviewing reinsurance agreements
- Analyzing the potential for commutations of reinsurance agreements
- Conducting claim reviews
- Analyzing claim cessions with respect to such issues as number of occurrences, allocation of loss, application of treaty and facultative exclusions
- Collecting aging balances on behalf of cedants and retrocedants
Our ability to handle complex reinsurance disputes is tied directly to our extensive insurance and reinsurance knowledge. That experience goes beyond the courtroom. We truly know the business of insurance.
