Is your pool a non-disclosure time bomb?
Recent case law means that if you're participating in a pool, you had better be ultra-conservative with disclosure if you reinsure any of your share. Let Ling Ong of DLA Piper explain
It is a fundamental principle of insurance law that the (re)insured must disclose and not misrepresent all material facts at inception. This duty includes facts relevant to "moral hazard" - broadly
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