Judge: Cession Statement Is Not Necessary To Establish Reinsurance Agreement

Mealey's (May 15, 2017, 10:21 AM EDT) -- PHILADELPHIA — An insurer adequately alleged a relationship between an insurance policy and a reinsurance contract, even without reference to a cession statement, a Pennsylvania federal judge ruled May 12, denying the reinsurer’s motion for judgment on the pleadings on the insurer’s breach of contract counterclaim (R&Q Reinsurance Co. v. St. Paul Fire & Marine Insurance Co., No. 16-cv-01473, E.D. Pa., 2017 U.S. Dist. LEXIS 72964)....