Responding to a reinsurer’s cross-motion to confirm an arbitration award, a reinsured party to certain retrocessional reinsurance contracts agreed with the request for confirmation but noted that it does not waive its right to have the award construed by another arbitration panel.

Arbitration had proceeded on the reinsured’s demand for payments of outstanding retrocessional balances allegedly owed to it by the reinsurer in connection with commutations with

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An organization representing members of a workers’ compensation reinsurance pool recently moved to dismiss fraud and accounting counterclaims made directly against it, noting that it is not a proper party but that it had merely filed the original suit on behalf of the members of the pool

In an eight-count complaint alleging two RICO counts and six supplemental state law claims the organization says the insurers fraudulently schemed to avoid paying their proport

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