Outstanding reinsurance receivables will very often constitute a significant part of the assets covering the obligations for a portfolio/company in run-off. More often those will also involve reinsurers who are no longer active or are unwilling to settle claims with a run-off counterparty anywhere in the world.
The same applies for recovery. When claims have been paid a recourse action should be part of the claims process. Unfortunately this is not always the case due to understaffing and/or (outdated) IT.
We work closely with specialists around the world so we can help you with all recoveries to support your capital.