“…66 Moreover, given that arbitration has been the traditional method of dispute resolution for reinsurance disputes for many decades, insurers and reinsurers would rather have their disputes resolved by a panel of industry experts. Were reinsurance treaties drafted with the same care as most other commercial agreements involving comparable sums, they would be longer and more complex.…”
Section: 41 Preference For Arbitrationmentioning
confidence: 99%
“…Arbitrators have only limited authority to compel third parties to participate in the proceedings or furnish discovery. 78 Sixth, a unique, in importance, advantage which arbitration offers, over litigation, is speed, flexibility and efficiency. 73 Fourth, most arbitration decisions remain between the parties, are not published, and have little or no precedential effect.…”
Section: 41 Preference For Arbitrationmentioning
confidence: 99%
“…72 Apr 13, 1995). 78 CIGNA Re indemnified North River for liability under the policies but denied coverage for defence costs.…”
Section: Interpretation Of the Original Policy Is Binding On The Reinmentioning
confidence: 99%
“…In Fenton Insurance Co. Ltd v Gothaer Versicherungsbank VVaG, 84 where the defendants reinsurers alleged that the plaintiff reinsured had never paid any 78 Gurses (2010), p. 168. 79 Staring (1993), § 14:1.…”
Section: Commencement and Terminationmentioning
confidence: 99%
“…It was as late as 1985 that the follow the settlements clause first came to be analysed by the courts in Insurance Co of Africa v SCOR (UK) Reinsurance Co Ltd. 91 The comments of the Court of Appeal in construing the follow the settlements clause have been taken as definitive ever since. It was as late as 1985 that the follow the settlements clause first came to be analysed by the courts in Insurance Co of Africa v SCOR (UK) Reinsurance Co Ltd. 91 The comments of the Court of Appeal in construing the follow the settlements clause have been taken as definitive ever since.…”
Section: Construction Of the "Follow The Settlements" Clausementioning
“…66 Moreover, given that arbitration has been the traditional method of dispute resolution for reinsurance disputes for many decades, insurers and reinsurers would rather have their disputes resolved by a panel of industry experts. Were reinsurance treaties drafted with the same care as most other commercial agreements involving comparable sums, they would be longer and more complex.…”
Section: 41 Preference For Arbitrationmentioning
confidence: 99%
“…Arbitrators have only limited authority to compel third parties to participate in the proceedings or furnish discovery. 78 Sixth, a unique, in importance, advantage which arbitration offers, over litigation, is speed, flexibility and efficiency. 73 Fourth, most arbitration decisions remain between the parties, are not published, and have little or no precedential effect.…”
Section: 41 Preference For Arbitrationmentioning
confidence: 99%
“…72 Apr 13, 1995). 78 CIGNA Re indemnified North River for liability under the policies but denied coverage for defence costs.…”
Section: Interpretation Of the Original Policy Is Binding On The Reinmentioning
confidence: 99%
“…In Fenton Insurance Co. Ltd v Gothaer Versicherungsbank VVaG, 84 where the defendants reinsurers alleged that the plaintiff reinsured had never paid any 78 Gurses (2010), p. 168. 79 Staring (1993), § 14:1.…”
Section: Commencement and Terminationmentioning
confidence: 99%
“…It was as late as 1985 that the follow the settlements clause first came to be analysed by the courts in Insurance Co of Africa v SCOR (UK) Reinsurance Co Ltd. 91 The comments of the Court of Appeal in construing the follow the settlements clause have been taken as definitive ever since. It was as late as 1985 that the follow the settlements clause first came to be analysed by the courts in Insurance Co of Africa v SCOR (UK) Reinsurance Co Ltd. 91 The comments of the Court of Appeal in construing the follow the settlements clause have been taken as definitive ever since.…”
Section: Construction Of the "Follow The Settlements" Clausementioning
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