Reinsurance (contentious)
‘Norton Rose offers clients a comprehensive insurance litigation service encompassing direct claims and reinsurance, with particular expertise in the financial institutions sector and marine insurance. The firm's insurance practice is truly international in its scope, with a strong presence across Western Europe, CEE, the Far East, Australia, Canada and South Africa.’
Chambers UK, 2013
Our global contentious reinsurance team is highly regarded, both for its depth of expertise and its track record for achieving excellent results in a number of major disputes affecting the reinsurance industry. We advise a diverse range of international clients including insurance and reinsurance companies, Lloyd’s syndicates and intermediaries on an extensive array of issues.
We work on both domestic and cross-border reinsurance disputes, acting as part of a global team across our offices in Europe, Asia, Australia, Canada, Africa, the Middle East, Latin America and Central Asia.
We recognise that the reinsurance industry is rapidly changing and that the nature of disputes will also evolve as the convergence of the insurance and capital markets sectors gathers pace. We already have a significant track record in advising clients on the securitisation of insurance risk and, in conjunction with our experienced financial institutions group, we are well-placed to advise upon disputes arising out of securitisation projects.
We deliver:
- Increasing advice on the drafting of reinsurance contracts, including contracts covering: credit risks; critical illness business; stakeholder pensions; overseas warranty business; medical trusts; motor and personal lines business.
- The benefit of working with a full-service global legal practice by drawing upon the expertise of our dedicated lawyers across multiple practise areas including corporate, banking and finance, capital markets, and transport.
Our areas of work include:
- coverage disputes
- drafting and interpretation of treaty wordings and other contractual documentation
- inspection of documents
- insolvency issues
- management of run-off pools and programmes
- regulatory matters
- relationships with intermediaries
- captives