Reinsurance Expert Witnesses
Reinsurance disputes are among the most specialized in commercial practice, resolved largely in arbitration under treaty wordings and market customs that few outside the industry fully understand. Cedents and reinsurers contest the allocation of catastrophe and long-tail losses across treaty years, the meaning of follow-the-fortunes and follow-the-settlements provisions, and whether a ceding company's claims handling, reserving, or underwriting met the standards the reinsurer was entitled to expect. Other disputes concern rescission for nondisclosure, novation and cut-through issues, risk transfer in financial reinsurance, stop-loss and provider excess arrangements, and the reinsurance terms underlying insurance M&A and block transactions. The central question is usually how the contract should be applied in light of industry custom and practice and the parties' conduct over the life of the relationship.
A reinsurance expert brings that custom and practice into the record, explaining how treaty and facultative wordings are understood in the market, how underwriting information is customarily exchanged, and what reinsurers expect of a ceding company's claims and reserving practices. The expert can review claim files, underwriting submissions, bordereaux, audit reports, and allocation methodologies to determine whether a cedent's conduct and billings were consistent with the contract and accepted practice. That analysis addresses causation and quantum by separating amounts properly recoverable under the treaty from those attributable to settlements, allocations, or reserving decisions that fall outside its scope. The resulting opinions support positions on coverage, rescission, and allocation, frame the amounts in dispute, and give counsel a principled basis for rebutting an opposing expert's view of market custom before an arbitration panel.
Reinsurance expertise spans property and casualty, life, health, marine, and financial reinsurance, as well as claims, underwriting, actuarial, and transactional functions, so the right expert is one whose market experience matches the line of business and issue in dispute. The professionals we present include reinsurance executives with more than four decades of experience who have testified on novation, cut-through, and underwriting issues, an insurance consultant who has testified about 40 times on interpreting insurance and reinsurance wordings and claims management, and a reinsurance claims specialist who determined how California workers' compensation insurers should allocate cumulative injury claims between policy years and treaties. Our network also includes specialists in stop-loss and HMO reinsurance, ocean and inland marine reinsurance, health reinsurance pricing, risk transfer and financial reinsurance, and insurance M&A and insurance-linked securities. Drawing on more than 75,000 expert searches for litigators, Round Table Group can help you identify the reinsurance expert your matter requires. Let us help you find the right fit by calling us at (202) 908-4500.