STORY FROM: Reinsurance & Arbitration

Swiss Re Asserts Affirmative Defenses in $1.8 Million Reinsurance Action

PORTLAND, Ore. — Swiss Re Life & Health America Inc. has refuted allegations that it owes a health insurance provider $1,802,674 in reinsurance for claims arising from a member’s hemophilia treatment and unrelated surgeries.

In a Jan. 4 answer filed in the U.S. District Court for the District of Oregon, Swiss Re says Moda Health Plan Inc.'s claim is barred by its own breach of the reinsurance policy.

Moda entered into an excess of loss reinsurance agreement with Swiss Re, effective Jan. 1, 2016. The parties renewed the agreement on Jan. 1, 2017. The contract required Moda to report potential ...

Associated Law Firms
Larkins Vacura Kayser
Troutman Sanders

Associated Documents
Complaint



Registered User Login

Username

Password


Related Conferences

No conferences scheduled at this time.




Full Archives

True