Captive Reinsurer Seeks $1.2M In Payment From 3 Retrocession Agreements

( September 4, 2026, 11:59 AM EDT) -- WILMINGTON, Del. — A captive reinsurance company has filed a breach of contract suit against a property and casualty insurance company in a Delaware state court, alleging that the insurer failed to pay three invoices totaling $1,249,078.78 stemming from three retrocession agreements....