Judge Confirms International Arbitration Awards In Favor Of Reinsurer

(March 15, 2016, 10:28 AM EDT) -- NEW YORK — A federal judge in New York on March 10 granted a reinsurer’s petition to confirm a number of arbitration awards, finding that an arbitration umpire was not partial to the reinsurer (National Indemnity Company v. IRB Brasil Resseguros S.A., No. 15-cv-03975, S.D. N.Y.; 2016 U.S. Dist. LEXIS 30871).

(Opinion available. Document #12-160318-011Z.)

National Indemnity Co. (NICO) sued IRB Brasil Resseguros S.A., a Brazilian insurer, in the U.S. District Court for the Southern District of New York, bringing a number of suits filed between...
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