Related Practice Lines
Reinsurance
Zelle’s reinsurance practice spans the full breadth of facultative and treaty reinsurance disputes. The reinsurance industry is becoming ever more complex, with new alternative risk-sharing opportunities and evolving regulations that affect both domestic and foreign transactions. Zelle attorneys closely follow the emerging legal issues and market forces in the reinsurance business, backed by extensive experience in disputes relating to both broker and direct reinsurance markets.
Zelle’s reinsurance practice has included the representation of ceding companies, reinsurers, retrocessionaires and reinsurance intermediaries in litigation, arbitration, and in legal analysis. The firm’s representation has involved advice and disputes covering all types of reinsurance arrangements, not only facultative and treaty reinsurance, but also reinsurance “facilities,” fronting agreements, and programs involving captive insurers. These disputes have concerned the broadest range of issues, including rescission, aggregate extension clauses, fraud and collusion, negligent misrepresentation, bad faith, punitive damages, automatic and optional reinstatements, cutoff, declaratory judgment expenses, “follow the fortunes”, late notice, offset, claim allocation, number of occurrences, extra-contractual damages, ex gratia settlements, and the right to associate. Zelle attorneys are also actively involved as mediators and arbitrators in reinsurance disputes.
Representative Matters
- Advising reinsurers in connection with aggregation and coverage on inwards COVID-19 losses.
- Advising reinsurers in connection with COVID-19 claims presented by captive insurers.
- Represented insurer in arbitration against its reinsurer concerning liability for underlying multi-billion dollar property damage and time element claims made following destruction of the World Trade Center complex on September 11.
- Represented reinsurer in $73.5 million reinsurance claim involving business interruption coverage for lost sales of a high-end computer server.
Our Team
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(612) 359-4261 -
020 3805 6293
Partners
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(612) 336-9178 -
(470) 867-3041 -
(612) 359-4237 -
(646) 876-4410 -
(781) 466-0732 -
(646) 876-4413 -
(214) 749-4248 -
(484) 532-5341 -
(781) 466-0706 -
(612) 336-9170 -
(214) 749-4240 -
(786) 693-2353 -
(646) 876-4411 -
020 3805 6292 -
020 3805 6295 -
(214) 749-4257 -
(470) 867-3043 -
(646) 876-4414
Counsel & Associates
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(612) 336-9125 -
(781) 466-0702 -
020 3805 6294 -
(646) 876-4420 -
(214) 749-4258 -
(646) 876-4402
Articles
- Climate Change and Insurance: Litigation Risks for Insurers, January 23, 2019
- Argentina’s New Leadership and How it Affects Insurance, September 2, 2016
- Natural Disasters in Latin America: Reinsurance Issues, November 6, 2015
- A Primer on Insurance Dispute Resolution in China, July 14, 2015
