Shutterstock_1809932203
8 January 2024Reinsurance

Syndicates break ranks on pandemic BI: Berkley sues its XoL reinsurers

The Lloyd's underwriter for WR Berkley broke ranks with insurer solidarity on pandemic BI coverage, taking Lloyd's rivals to court for over $90 million in reinsurance it says is due for event cancellation and related risks.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
7 July 2021   The executive has more than 30 years of commercial property and casualty insurance experience.
Insurance
21 May 2021   The new starter joins from AXIS Capital in New York.
Insurance
20 March 2019   Lloyd’s of London and the Bermuda insurance market have many common interests and should focus more on growing the size of the insurance market for mutual benefit than on competing against each other, according to Bruce Carnegie-Brown, Lloyd’s chairman.