Editor, Mealey's Litigation Reports: Reinsurance and Insurance Insolvency

In a Korean insurer’s battle to enforce a $62.5 million judgment against a group of international reinsurers, an English judge on July 24 rejected the reinsurers’ defense that the dispute had been settled in 2005. 

Korean National Insurance Corp. is demanding more than $57 million from the reinsurers for a deadly (and expensive) 2005 helicopter crash that destroyed a warehouse containing emergency relief goods. 

More coverage available in the Sept. 7 issue of Mealey's Reinsurance.