Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / premium-reporting-analysis-memorandum.docx
premium-reporting-analysis-memorandum.docx
Parties
HARKNESS LLP
Pinnacle Atlantic Reinsurance Ltd
Calloway LLP
Quorum Insurance Holdings Corp
Broadreach Intermediaries Inc
Velthorn Actuarial Advisors LLC
See Belt Painting Corp
See Muzak Corp
Dates
February 14, 2026
July 1, 2022
June 30, 2023
July 1, 2019
July 1, 2025
June 30, 2026
December 12, 2025
June 30, 2024
October 1, 2025
November 14, 2022
Amounts
$6,800,000
$38,400,000
$45,200,000
$2,856,000
$6.8
$91
$78.4
$12.6
$3.5
$4.5
Obligations
4(a) provides, in relevant part, that ceded earned premium shall exclude "premiums attributable to run-off portfolio transfer transactions
The strength of this defense, however, depends on the underlying facts, and several key factual questions must be resolved before the defense can be fully validated: (1) Documentation of the run-off portfolio transfer transaction
We must review the schedule of transferred policies and confirm their status at the time of transfer
We must confirm that the premiums attributable to the run-off portfolio transfer precisely account for the $6
Even under this percentage, the underpayment must be viewed in the context of the overall Treaty economics
The misrepresentation must relate to a matter that is material to the risk assumed by the reinsurer and must have been relied upon by the reinsurer in entering into the contract