In various posts, the latest of which was September 2, 2015, Reinsurance Focus has covered developments in the liquidation of The Home Insurance Company. Recently, the liquidation court entered orders approving three commutations between Home and its counterparties to certain reinsurance contracts concerning liabilities arising under those agreements – one involving Westport Insurance Corporation, the second for R&Q Reinsurance Company, and the third involving CX Reinsurance Company Limited. Here are the motions to approve the commutation agreements for Westport Insurance Corporation, R&Q Reinsurance Company, and CX Reinsurance Company Limited.
This post written by Rob DiUbaldo.
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