Insurance

KaiRong represents insurers' interests in coverage and litigation matters and counseling on corporate, regulatory and transactional issues. Likewise, KaiRong helps businesses and individuals with insurance policy interpretation, coverage analysis, bad faith claims or coverage disputes. KaiRong has received ranking in insurance law consistently from ALB, Chambers and other legal magazines for representation in Insurance Dispute Resolution. Our insurance and reinsurance attorneys are respected litigators and dealmakers; trial attorneys and settlement professionals; advocates and strategic advisors, and are also ranked as top insurance lawyers in China.

Service Scope

Insurance Coverage

counseling clients on coverage issues, as well as defending them against insurance coverage litigation, including property liability products completed operations

Reinsurance

the structure of reinsurance and retrocessional programs the ceding and collection of reinsurance recoverables occurrence, trigger, follow the fortunes, extra-contractual loss, late notice and good faith

Transactional

representing insurers and their insurance holding companies in aspects of finance and corporate transactions including: formations, change of control, mergers, acquisitions, assumptions and reinsurance, private placements, replacement transactions, and surplus and capital notes. negotiate and draft industry agreements including: producer, broker, and agency agreements; operations and services agreements; and cost-sharing agreements.

Latest Achievements

Acted for Royal & Sun Insurance to deal with its disputes with Emic on the contract of the carriage of goods by sea for USD431,000.00

Acted for Russian Maritime Register of Shipping to deal with dispute on collision of M/V “Surf“for RMB 50,000,000

Acted for West of England Insurance to deal with the collision of M/V“Taishan“ for USD 500,000

Acted for PingAn Shanghai to deal with a claim with Shanghai Shengshi for freezing containers dropping into the sea for USD 1,300,000

Acted for PICC JiangYin to deal with dispute on collision of M/V“Hengshan“ for RMB 3,500,000

Acted for nine branches of PICC insurance company in a series of cases arising from cargo loss caused by serious typhoon and carrier’s negligence, involving claim amount of USD 600,000.00

Scope of Services

Insurance Coverage

Reinsurance

Transactional

Achievements

Acted for Royal & Sun Insurance to deal with its disputes with Emic on the contract of the carriage of goods by sea for USD431,000.00

Acted for Russian Maritime Register of Shipping to deal with dispute on collision of M/V “Surf“for RMB 50,000,000

Acted for West of England Insurance to deal with the collision of M/V“Taishan“ for USD 500,000

Acted for PingAn Shanghai to deal with a claim with Shanghai Shengshi for freezing containers dropping into the sea for USD 1,300,000

Acted for PICC JiangYin to deal with dispute on collision of M/V“Hengshan“ for RMB 3,500,000

Acted for nine branches of PICC insurance company in a series of cases arising from cargo loss caused by serious typhoon and carrier’s negligence, involving claim amount of USD 600,000.00

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Insurance

Service Scope

Insurance Coverage

counseling clients on coverage issues, as well as defending them against insurance coverage litigation, including property liability products completed operations

Reinsurance

Transactional

Latest Achievements

Acted for Royal & Sun Insurance to deal with its disputes with Emic on the contract of the carriage of goods by sea for USD431,000.00

Acted for Russian Maritime Register of Shipping to deal with dispute on collision of M/V “Surf“for RMB 50,000,000

Acted for West of England Insurance to deal with the collision of M/V“Taishan“ for USD 500,000

Acted for PingAn Shanghai to deal with a claim with Shanghai Shengshi for freezing containers dropping into the sea for USD 1,300,000

Acted for PICC JiangYin to deal with dispute on collision of M/V“Hengshan“ for RMB 3,500,000

Acted for nine branches of PICC insurance company in a series of cases arising from cargo loss caused by serious typhoon and carrier’s negligence, involving claim amount of USD 600,000.00