Managing risk has never been more critical. Regulators across the world are becoming more proactive and interventionist. Consolidation among insurers has imposed new competitive pressures. Carriers are driven to distinguish themselves through service, price and other factors. And acquisitions carry their own risks.
Underwriting profit is a major concern, as is security, with companies seeking to limit their exposure from underperforming assets or partners. Companies now must manage a complex patchwork of coverage from a variety of different carriers. And the decisions on the level and kind of risks to be retained are becoming increasingly difficult.
The Insurance and Reinsurance Practice Group of the Al-Dostour law firm advises insurance, reinsurance, and all aspects of insurance regulatory matters, both in the State of Kuwait and internationally. We have extensive experience in assisting several companies on the formation and initial financing of insurance enterprises. Our lawyers represent insurers, reinsurers, insured, agents, brokers, and underwriters in various forums and litigations. We have successfully represented our clients in coverage disputes, reinsurance disputes, and liquidation related matters.
Our lawyers have also significant experience representing clients in alternative dispute resolution and are fully conversant with all forms of mediation procedures which usually end up in the settlement of claims. We can handle complex transactions and disputes with the aid of our international network resources.
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