Tag Archives: indemnification

Exculpatory Clauses in Reinsurance Agreements

Exculpatory clauses appear in many contracts. They are often used to protect a contracting party from damages caused by its actions or the actions of others. For example, a hold harmless clause may protect one party from third-party suits caused by the alleged negligence of the other party. Exculpatory clauses, like hold harmless or indemnification clauses, … Continue Reading

Buying a Reinsurance Company Can Lead to Litigation

The capital markets seem to be in love with reinsurance. Capital from venture capitalists, private equity funds and hedge funds has been flowing into the reinsurance industry during the past several years. Many of these capital markets investors have focused on the property catastrophe reinsurance market. Others have focused on alternative reinsurance vehicles and sophisticated financial … Continue Reading