(April 5, 2016, 10:47 AM EDT) -- NEW YORK — A group of reinsurance brokers told the Second Circuit U.S. Court of Appeals on March 28 that a lower court decision limiting a reinsurer’s liability regarding an insurer’s legal and other expenses is contrary to the underlying concepts behind facultative reinsurance agreements (Global Reinsurance of America v. Century Indemnity Company, No. 15-2164-cv, 2nd Cir.)....