Reinsurers Say They Do Not Oppose Petition To Confirm Arbitration Award

Mealey's (January 10, 2017, 12:05 PM EST) -- NEW YORK — A group of London-based reinsurers told a federal court in New York on Jan. 9 that they do not oppose a reinsured’s motion to confirm an asbestos related arbitration award (OneBeacon Insurance Company v. Certain Underwriters at Lloyd’s London, No. 16-cv-09908, S.D. N.Y.)....