Reinsurance Dispute

Acted for international reinsurance market in relation to a multi-million property damage and business interruption claim by owners of South American steel plant.
   

The original claim concerned the collapse of a dust collector serving the principal iron furnace of a Brazilian steel plant. The collapse resulted in a half-year outage and the claim for property damage and business interruption is said to be the largest recorded insurance loss in Brazil.

 

 

 

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