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LLR: Insurance & Reinsurance

BELLEFONTE REINSURANCE COMPANY MISSION INSURANCE COMPANY THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA NORTH AMERICAN COMPANY FOR PROPERTY AND CASUALTY INSURANCE AND OTHERS V AETNA CASUALTY AND SURETY CO

(1991) 1 Re LR 61

United States Court of Appeals (Second Circuit)

Before Circuit Judge Timbers, Circuit Judge Pratt and Circuit Judge Miner

Follow the fortunes - Defence costs - ‘in addition thereto” - Liability of reinsurers where reinsured agreed to pay defence costs in excess of policy limits - Effect of reinsurance certificate wordings “in addition thereto”, “reinsurance accepted” “subject to the... amount of liability set forth herein”.

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