Retrocessional Reinsurer Drops Case Over Premium Payment

Mealey's (May 6, 2016, 1:22 PM EDT) -- NEWARK, N.J. — A retrocessional reinsurer notified a federal court in New Jersey on May 4 that it was dropping its dispute over approximately $9 million in retrocessional reinsurance premiums (National Indemnity Company v. Companhia Siderurgica Nacional S.A., et al., No. 15-cv-00752, D. N.J.)....