• Home
  • Articles
  • Inter-Ocean Re/Superior National to arbitrate $175 m contract

Inter-Ocean Re/Superior National to arbitrate $175 m contract

An arbitration between Bermuda-based Inter-Ocean Reinsurance Company and Superior National Insurance Company over a $175 million contract could take place before the end of the year.
The dispute relates to coverage Inter-Ocean provided to US-based Business Insurance Group – now a subsidiary of Superior National – and 100 per cent reinsured by American Re.