The relationship between an insurance carrier and its reinsurer has regularly been described as one based on the principle of uberrima fides, or utmost good faith. Under this doctrine, the reinsurer and the reinsured are “partners” who owe each other candor in the assessment and payment of claims.
Privilege in the Cedent-Reinsurer Relationship
Recent decisions should give cedents and reinsurers pause about how they fulfill their duties to each other, while still protecting privileged communication from counsel.
By
Suman ChakrabortyThis premium content is locked for LawJournalNewsletters subscribers only
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