Shutterstock_1809932203
8 January 2024Reinsurance

Syndicates break ranks on pandemic BI: Berkley sues its XoL reinsurers

The Lloyd's underwriter for WR Berkley broke ranks with insurer solidarity on pandemic BI coverage, taking Lloyd's rivals to court for over $90 million in reinsurance it says is due for event cancellation and related risks.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Reinsurance
17 August 2026   Meanwhile, Lloyd’s knocks Berkshire Hathaway off the non-IFRS pedestal.
Reinsurance
17 August 2026   Below average nat cat losses boost MS Re, while MS Amlin records zero cat exposure.
Reinsurance
17 August 2026   More than 30 reinsurers support the programme, which covers all perils.