REINSURANCE
KSW’s Reinsurance Practice Group has the skills and expertise essential to assist clients with a wide range of reinsurance matters. Our attorneys have in-depth experience with reinsurance claims, coverage analysis, and dispute resolution.
KSW attorneys regularly handle complex claim-related matters involving coverage analysis, contract wording interpretation, claim audits, reserve/ payment recommendations, loss allocation, settlement strategy and negotiation, claims monitoring, and dispute resolution including mediation, litigation, arbitration, and commutation.
In addition, KSW attorneys are skilled in drafting reinsurance contract wordings, including quota share and excess of loss treaties, facultative certificates, and retrocessional contracts, as well as settlement agreements, commutation agreements, and fronting arrangements.
REINSURANCE
KSW has handled many issues facing reinsurers and ceding companies, including but not limited to, the aggregation and allocation of losses, number of occurrences, treatment of declaratory judgment expenses and loss adjustment expenses, non-disclosure/misrepresentation, rescission, annualization of limits, operation of sunrise/sunset clauses, follow the fortunes, set-offs and recovery, the scope of ECO/XPL clauses, access to records, insurer insolvency, subrogation, and numerous other issues pertinent to reinsurance.
In particular, KSW’s broad experience includes handling reinsurance claims and cedent accounts in connection with underlying business involving professional liability, directors and officers’ liability, medical malpractice and health care liability, asbestos, pollution, health hazard, and other long-term exposure claims, workers’ compensation and employers’ liability, general liability, media liability, IP risks, employers’ practices liability, and transportation law.