Description

The session will focus on the application of the follow the fortunes and follow the settlement clauses to the claims made by the reinsured against their reinsurers in relation to the losses occurred due to the Covid-19 outbreak. The cases where the reinsured had to indemnify the assured due to some pressures (e.g. instructions to the reinsured by the regulatory authorities to pay such claims) external to the contractual relationship between the reinsured and the reinsurers will be of particular interest.

Speakers

Professor Jeff Stempel, University of Nevada (USA) will be presenting a talk on “A U.S. Perspective on COVID-19 Claims Following Fortunes and Settlements”

Moderators: Carlos Estebenet (Argentina) and Professor Ozlem Gurses (UK) will be joined by Jorge Angell (Spain) in chairing the session and in leading the Q&A and open discussion which will follow the presentation.