Insurance & Reinsurance dispute resolution
Appleby’s Insurance and Reinsurance Dispute Resolution team is a recognised industry leader, having been involved in numerous high-profile disputes in this field. From the latest claims and notification arising from the sub-prime debacle, to the most complicated major catastrophes, to perennial market challenges, our team has market-leading experience representing insurers and reinsurers in complex, high-value arbitration, litigation and mediation matters.
Disputes in this dynamic, intellectually challenging and highly competitive field require a team of dedicated expert lawyers who combine substantial experience with the legal and commercial acumen necessary to obtain a desirable and cost-effective resolution. Our experience, across a number of jurisdictions and in all types of disputes, includes coverage and allocation, finite risk reinsurance, problems relating to managing general agencies and pools, insurance/reinsurance insolvency litigation, binding authority issues and wordings issues and advice. We represent a wide range of parties, including many of the world’s leading reinsurers and insurers, as well as insureds and brokers on issues concerning:
- Facultative
- Excess
- Coverage issues
- Captive disputes
- Conflicts of laws and forum shopping
- Special risks
- Financial lines
- Directors' and officers' liability
- Errors and omissions (particularly accountants')
- Environmental coverage
- Policy and contract review
Some recent examples of work include:
- Representing a reinsurer in arbitration against a Bermuda insured where our client was seeking to have the insurance declared void by reason of material non-disclosure
- Representing insurers of the Hyatt Regency Grand Cayman in relation to a US$70 million contested insurance claim, which has given rise to multiple proceedings involving three layers of excess insurers in multiple jurisdictions