Speakers: Robert Whitney (MGC – McAngus, Goudelock & Courie, LLC); Jennifer Loewen Cavill (Chubb, Global Reinsurance Litigation)

 

During this webinar, the speakers will highlight the important differences between “occurrence-based” and “claims-made” policies and contracts, and will discuss some of the issues that will likely come up during an arbitration between a reinsurer and a cedent involving claims-made direct policies and/or reinsurance contracts, including: (1) was the underlying claim at issue “made” during the policy or contract period, and was the claim properly and timely “reported” to the cedent and/or reinsurer; (2) was the underlying claim “related” or “interrelated” to another claim or “wrongful act”; and (3) did either the claims-made direct policy or reinsurance contract have a “retroactive date,” and was the claim at issue made after that retroactive date? The speakers will also touch on touch other topics, including “extended reporting periods” in both direct policies and reinsurance contracts, as well as the issue of “losses occurring vs. risks attaching” reinsurance contracts.”