Pacific Reinsurance Management Corp. v. Ohio Reinsurance Corp.
Court of Appeals for the Ninth Circuit
1Opinion of the Court
EDWARD C. REED, Jr., District Judge: FACTS
Appellee Pacific Reinsurance Management Corporation (Pacific Re) acted as a reinsurance pool manager for the other parties to this action from 1970 through June, 1984. In that capacity, Pacific Re provided underwriting and claims handling facilities to service the reinsurance business it assumed on behalf of the insurers who participated in the pool. Under the management agreement which Pacific Re entered into with the pool members, it had the authority to underwrite and sign reinsurance agreements on behalf of the pool members, collect premiums and…
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