An Overview Of ARIAS US Arbitration

As Chinese insurance companies expand their overseas operations, the frequency of insurance disputes in foreign jurisdictions has also increased. In addition to traditional litigations and institutional arbitrations, there are various alternative dispute resolution methods available for resolving international insurance disputes. One such method is arbitration under relevant rules of insurance industry association.

Recently, AnJie Broad assisted a Chinese P&C insurance company in defending a reinsurance arbitration under the ARIAS US arbitration rules. Throughout the case, we assisted the client navigate multiple reinsurance claims involved in the dispute, engaging in proactive communication with opposing counsel to request a stay of the arbitration proceedings. This effort brought our client valuable time to continue processing the claims. Ultimately, with our assistance, the parties reached an amicable settlement, avoiding the negative consequences of a hasty loss