Platinum Indemnity

An arbitration panel has ordered PartnerRe to pay $19.4 million to Diamond State Insurance Company in a dispute over reinsurance coverage for weather derivative contracts.Details of the award were announced on November 29, 2004 by Diamond State's Cayman Islands domiciled

The Rehabilitator of a United States based insurer has filed a multi million dollar complaint against a food service firm whose rent a captive program it fronted into Bermuda based Platinum Indemnity.Plaintiff is Gregory V. Serio, New York State's Superintendent

PartnerRe's United States based operation has been dragged into litigation over who is responsible for paying $29 million of losses relating to weather derivative contracts covering 'special events'. PartnerRe was named as a third party defendant in a complaint filed