Mediation - Making up is hard to do
Litigation is expensive, time consuming and often unnecessary when clearing up reinsurance disputes, but so too can arbitration prove to be. Now, a new industry-led protocol is aiming to encourage companies to use mediation instead to resolve their differences. Paul Moss reports
Litigation and arbitration are traditionally the most common forms of dispute resolution in the reinsurance sector - and are widely acknowledged as being tedious, time consuming and costly exercises.
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