Reinsurance

Our lawyers have been involved in many of the major market issues during the last 30 years. These include the LMX and PA spirals, R & R, Lloyd's disciplinary proceedings, asbestosis and various mass torts, Weavers, WTC : 9/11, Hurricanes Andrew, Katrina, Wilma and Rita, Californian bush fires, Superstorm Sandy, Chilean earthquakes, NZ earthquakes, Thai floods/tsunami, sub-prime losses, mis-selling, Deepwater Horizon, FI/D&O, Professional Liability, TMT, Credit and Political Risks, Contingency, Specialty and Cyber risk/loss/portfolio reviews.

We have experience of a broad spectrum of reinsurance issues from new ventures, new product development, wordings, programme structures, global programmes, security arrangements, ILS, LoCs, financial collateral arrangements, underwriting and claims reviews, inspection of records, major loss reviews, coverage advice and monitoring counsel roles, subrogation recoveries, BI losses, risk management and legal education seminars and custom made programmes. We help clients form, sell or acquire companies, assets, portfolios or business and also, advise in relation to team moves and asset protection.  We have extensive experience of proportional, non-proportional and facultative reinsurance dispute resolution, through arbitration ( ad, hoc, ARIAS, Bermuda Form and other Rules ) litigation in UK and overseas with specialist local counsel and mediation. We have also advised in relation to discontinued operations, LPT and Part VII portfolio transfers, reinsurance run-off, commutation arrangements and insolvency. 

We enjoy our work and are enthusiastic and collaborative. We adopt a practical, pragmatic, cross-disciplinary and cost-effective approach driven by subject and sectoral expertise. We listen.  We discuss with clients what they need to know and what they can do, sensitive to commercial and reputational objectives and apply focused energy to achieve solutions and resolutions.  Whether on a small query or a large transaction or dispute, we provide the necessary reassurance. 

Insight: Reinsurance