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Reinsurance: aggregation of COVID losses post-Stonegate

On 17 October 2022, the English Commercial Court delivered three very significant, related judgments, which in part considered aggregation of business interruption losses arising from COVID-19....more

Does “late payment” of Covid-19 BI claims create additional exposure for insurers and reinsurers?

As has been reported widely in the press, policyholders are seeking damages from insurers for “late payment” due to insurers rejection of their Covid-19 BI related claims. In particular, many small and medium sized businesses...more

Must reinsurers follow their cedants’ COVID-19 related claim settlements?

A key question being asked in the markets is whether reinsurers are obliged to follow their cedants’ Covid-19 related settlements? Covid-19 continues to dominate the headlines and the lives of people around the world....more

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