In the recent judgment, Partner Reinsurance Company Ltd. v. Optimum Réassurance inc., the Court of Appeal revised the rules of Quebec private international law in a reinsurance framework. Partner Reinsurance Company Ltd. (“Partner Re”), signed a reinsurance and retrocession contract with Optimum Réassurance inc. (“Optimum”). Several of the insured parties and risks covered are located in Quebec, but Partner Re is domiciled in Bermuda and Optimum is in Montreal. The contract contains a non-competition clause that benefits Optimum.
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