Introduction -- The Reinsurance Contract -- The Need for Reinsurance Arbitration: The Legal Framework -- The Reinsurance Arbitration Clause -- The Reinsurance Arbitration Proceedings -- The Reinsurance Arbitration Award -- Discussion
Summary
Following events such as the 2008 credit crunch and financial crisis, many sectors of the economy suffered; nevertheless, reinsurance managed to maintain its strong position in the market industry and the global economic arena. Arbitration has traditionally been used in reinsurance, due in no small part to its effective, time- and cost-efficient nature. Hence, reinsurance contracts often include arbitration clauses requiring that any and all disputes arising under the contract be resolved by arbitration. The current work provides an in-depth treatment of reinsurance arbitrations and the variou
