Reinsurer Answers Counterclaims, Says Reinsured Failed To Give Prompt Notice
(August 31, 2016, 7:25 AM EDT) -- PHILADELPHIA — A reinsurer told a federal court in Pennsylvania on Aug. 1 that it has no obligations under a pair of reinsurance agreements because its reinsured allegedly failed to supply prompt notice of certain underlying asbestos bodily injury claims that it was involved in as early as the 1980s (R&Q Reinsurance Company v. St. Paul Fire & Marine Insurance Company, No. 16-cv-01473, E.D. Pa.).
(Answer to counterclaims available. Document #12-160902-014W.)
R&Q Reinsurance Co., f/k/a ACE American Reinsurance Co., f/k/a INA Reinsurance Co. sued St. Paul...