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LLR: Insurance & Reinsurance

AMERICAN HOME ASSURANCE COMPANY AND OTHERS V INSTITUTO NACIONAL DE REASEGUROS INSTITUTO NACIONAL DE REASEGUROS V FRANK B HALL RE OF NEW YORK

(1993) 2 Re LR 179

United States District Court Southern District of New York

Before District Judge Haight

Account - Quota share treaty - Statements of account - Failure to object by reinsurer - Contention that material not supplied in computer-readable form - Whether agreement to pay particular amount might be implied - Reinsurer’s obligation to post letter of credit where amounts not known - Whether reinsured entitled to summary judgment.

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