Reinsurance

Although the origins of reinsurance can be traced to the 14th Century, the last decade has been the source of dramatic developments in reinsurance law. While reinsurance still remains governed by the doctrine of uberrima fides, substantial exposures faced by reinsurers as a result of pollution and asbestos claims, and insurer and reinsurer insolvencies, have driven reinsureds and their reinsurers to increasingly resort to litigation and arbitration.

Ohrenstein & Brown, LLP was born into this new environment and knows what is required to successfully represent reinsureds, reinsurers and intermediaries. We take pride in the aggressive representation of our clients, and our superlative track record in obtaining results.

This ability to obtain results flows from the experience our lawyers bring to the matters brought to them; particularly in dealings with the New York Insurance Department, and the Department's Liquidation Bureau. We represent numerous clients in connection with varied matters pertaining to treaty and facultative reinsurance, contract interpretation, and disputes arising out of claims handling, loss allocation, and settlements believed to fall outside the traditional "follow the fortunes" doctrine.

Important, as well, to our representation of reinsurance clients, is the knowledge and experience of our lawyers in handling various other types of insurance matters. Our vast experience in the insurance arena providing assistance with regard to regulatory matters, coverage questions, programs and forms, gives our attorneys a unique perspective and vision, allowing them to provide an unparalleled level of service to reinsurance clients.