With offices in all the major worldwide jurisdictions, the London Insurance and Reinsurance team provides a truly international perspective to advising and representing the worldwide insurance and reinsurance industries. We believe in taking a commercial view in order to identify innovative solutions to client issues.

 

Our London Insurance and Reinsurance team acts for many of the major international insurance and reinsurance companies, as well as Lloyd's company market and syndicates and insurance/reinsurance intermediaries.

Our team specialises in handling complex, large scale insurance and reinsurance disputes (non-marine, marine and aviation) including court based litigation at all levels, mediations and international arbitrations. We also provide advice on policy wording coverage issues at a pre-litigation stage.

Working closely with other specialist teams throughout the world in such areas as mergers and acquisitions, third party administration services, energy, insurance restructuring and regulation, we are able to provide a comprehensive multidisciplinary approach to the new challenges facing the insurance and reinsurance markets, both domestically and internationally.

We publish a monthly bulletin on legal issues relevant to the insurance and reinsurance industry and would be happy to include you on the emailing list.

Our services
Our Insurance and Reinsurance team provides a full range of services across a broad spectrum of insurance and reinsurance classes of business, including:

• advising on insurance and reinsurance coverage issues relating to all classes of business
• advising on/resolving complex multi-party reinsurance disputes, both treaty and facultative
• handling large and complex claims in the Financial Institutions field (D&O, E&O and BBB) product liability, casualty, on- and offshore energy (including oil and gas and mining), property/business interruption, construction, engineering, jewellers' block and specie
• reinsurance collections for live companies and those in run off
• issues relating to the operation of reinsurance pools
• complex and high value casualty claims
• drafting and revising insurance and reinsurance policies and documentation
• advising on the insurance implications of corporate and commercial transactions
• advising solvent insurers, reinsurers and pools on exit solutions, including section 425 schemes of arrangement, Part VII transfer transfers, commutations and corporate disposals
• advising insolvent insurers and reinsurers on schemes of arrangement and general insolvency matters

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Examples of our work

• acting for Lloyd's syndicates in the asbestos litigation against T&N and associated companies
• acting for reinsurers in relation to the Global Crossing US class actions
• representing a number of leading international reinsurers in connection with a complex facultative reinsurance claim under an all risks property damage and business interruption policy worth US$500m arising out of a mining disaster in South-East Asia
• acting for reinsurers in a multiparty Commercial Court dispute following a US$60m claim following a mining incident in Zambia
• acting for reinsurers in relation to a US$50m Russian satellite claim
• acting for reinsurers in a Commercial Court litigation arising out of an energy quota share treaty reinsurance dispute worth in excess of US$100m - the case raised complex non-disclosure, misrepresentation and coverage issues, questions over the role and obligations of brokers, and the duties owed by lead reinsurers to a market
• acting for brokers in a complex property binder dispute emanating from Scandinavia
• representing London Market reinsurers in a dispute concerning reinsurance of a large book of PA business underwritten in the US
• acting for a well-known UK insurer in regard to its involvement in a primary/excess pool underwriting US casualty business, including UK and US litigation, arbitration and mediation
• acting for UK insurance brokers in connection with US arbitration proceedings arising out of the commutation of the reinsurance of US professional indemnity policies
• acting for Lloyd's syndicates in run-off arbitrations arising out of numerous reinsurance recoveries, including Personal Accident spirals
• file and risk management reviews for leading London insurance brokers
• drafting and reviewing Policy Wordings on behalf of Lloyd's syndicates and other London market companies and advising on their implications for both reinsurers and reinsureds
• acting for leading Latin American insurers in dispute with London Market reinsurers over facultative reinsurance of a major banking institution (ICC Arbitration)
• reviewing Realistic Disaster Scenario reinsurance policy wordings for a Lloyd's syndicate
• advising reinsurers in respect of the implications of D&O class action claims in the US

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