Commentary on insurance and reinsurance disputes and related issues and the website of Schiffer Law & Consulting PLLC
My most recent IRMI.com Expert Commentary – Reinsurance was published on April 3, 2026. It is about why drafting reinsurance contracts in plain English is important. You may have to register to read it. You can access it here.
In some reinsurance disputes, there is often tension between the words of the reinsurance contract and what one of the parties say they intended to reinsure. On the one hand, a reinsurance agreement is a contract and, in court, is enforced like any other contract based on the plain and unambiguous contract language. On the other hand, reinsurance traditions rely on custom and practice and some reinsurance contracts provide that the agreement should be interpreted as an honorable engagement and not merely as a legal obligation.
Continue reading “In Reinsurance, the Contract Wording Should Control”
