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Reinsurers Not Liable for Defense Costs Exceeding Policy Limits

Reinsurers Not Liable for Defense Costs Exceeding Policy Limits
Two reinsurers that shared part of the risk on a $25 million umbrella policy issued to a New York manufacturer nearly five decades ago are not liable for defense costs in addition to the policy limits, the 2nd Circuit Court of Appeals ruled Thursday.
What’s more, one of the reinsurers is entitled to a new trial to settle the question of whether it is a valid successor to the insurance contract, the appellate panel ruled.
The decision affirmed a ruling by U.S. District Brenda K. Sannes and reversed a jury decision and jury instructions issued by U.S. District Judge David N. Hurd. ....

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Growth and Progress of Kenya's Insurance Market – AfricaBusiness.com

Growth and Progress of Kenya's Insurance Market – AfricaBusiness.com
africabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africabusiness.com Daily Mail and Mail on Sunday newspapers.

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Global Life and Health Reinsurance Market Report 2021-2030: Facultative Reinsurance, Treaty Reinsurance, Direct Response, Agents & Brokers, Banks,

Dublin, June 04, 2021 (GLOBE NEWSWIRE) The "Life and Health Reinsurance Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report . ....

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Global Life and Health Reinsurance Market Report 2021-2030:

Dublin, June 04, 2021 (GLOBE NEWSWIRE) The "Life and Health Reinsurance Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has. ....

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Insurer Denies Liability For $30M Damage In Oil Supply Crash

A Saudi insurer has fought back against a claim by a French engineering company seeking to recover $30 million it paid in a settlement over damage caused when a ship crashed into an oil platform, saying it had not approved the deal. ....

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