Practice Areas & Industries: Duane Morris LLP

 





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Duane Morris' nationally recognized Insurance practice provides the full range of reinsurance representation, from simple two-party disputes to complex multiparty international arbitrations involving billion-dollar transactions. In addition, we have significant experience in negotiating and drafting all forms of reinsurance agreements, including master facultative agreements, pooling agreements, assumption/novation agreements, loss portfolio transfer agreements and quota share agreements.

Reinsurance disputes often involve unique and unresolved issues of law that put a premium on creative legal work and innovative resolutions. Our in-depth understanding of the global reinsurance industry, from the custom and practice of the reinsurance industry and related laws and regulations, allows us to provide our clients with focused reinsurance advice to assist in effectively and efficiently addressing risks and disputes.


 
 
Articles Authored by Lawyers at this office:

Report to NAIC on Captives: The Controversy About Principle-Based Reserves and Captives Continues
, April 01, 2014
The use by life insurance companies of captive reinsurance companies to finance XXX and AXXX reserves has been a significant and contentious issue in recent years. Some members of the National Association of Insurance Commissioners (the "NAIC") are deeply opposed to captive-based...

New York Appeals Court Reverses Itself in K2 Investment Group Decision; Reaffirms Earlier Ruling in Servidone
, February 25, 2014
In a decision notable for several reasons, the New York State Court of Appeals—the state's highest court—reversed itself in K2 Investment Group, LLC v. American Guarantee & Liability Insurance Co. [21 NY3d 384 (2014)] and reaffirmed its earlier ruling in Servidone Construction Corp....

Group-Wide Global Insurance Capital Standards First Step - Basic Capital Mandate for G-SIIs
, January 03, 2014
As the first step in the development of group-wide global insurance capital standards, the International Association of Insurance Supervisors (IAIS) released for public consultation its proposal on basic capital requirements (BCR) for global systemically important insurers (G-SIIs) on December 16,...

The Development of Global Capital Standards for IAIGs and G-SIIs: Notes from IAIS Meeting on November 13, 2013
, November 29, 2013
In July 2013, the Financial Stability Board (FSB) designated nine insurance groups as global systemically important insurers (G-SIIs). Simultaneously, the International Association of Insurance Supervisors (IAIS) released its framework of policy measures for G-SIIs, which included the concept of...