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LLR: Insurance & Reinsurance

IN RE INSURANCE ANTITRUST LITIGATION

(1991) 1 Re LR 137

United States Court of Appeals Ninth Circuit

Before Circuit Judge Beezer, Circuit Judge Noonan and District Judge Singleton

Antitrust - Jurisdiction - Immunity - Alleged boycott of ISO CGL “occurrence” form by US and foreign insurers and reinsurers - Alleged conspiracy to restrict available reinsurance and retrocessional cover - Directness of injury - States’ standing to bring antitrust suit - Whether McCarran Act immunity attached to foreign reinsurers - Whether primary insurers lost immunity by acting in concert with foreign reinsurers - Whether defendants engaged in boycott - Whether US court should exercise jurisdiction over British reinsurers.

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