Legal
-
The agreement from Fleming to honour original terms still leaves it open to long-term damage.
-
Fleming had attempted to land ~$78mn in ‘economic concessions’ on the deal.
-
The six execs left Acrisure for rival broker Woodruff Sawyer in March.
-
The judge said the lessors “are very unlikely to obtain a fair trial in Russia”.
-
The narrative of competition between the two hubs can hold space for benefits.
-
The agency will track the potential impact of the lawsuit on James River’s ratings.
-
Nord Stream has named Lloyd’s Insurance Company and Arch among the defendants.
-
James River sued Fleming yesterday to enforce the $277mn sale of its casualty re unit.
-
Fleming has claimed breach of contract and is seeking roughly $78mn in “economic concessions”.
-
Procedural expenses in the case have been as high as $100,000 per day.
-
Vesttoo is unable to make a similar request again.
-
The firms say no “single aggregating event” caused the contingency losses.
Most Recent
-
Markel promotes Gordge to head of terrorism in London
18 April 2024 -
Aegis launches first dedicated cyber team since 2015
18 April 2024 -
Munich Re reshuffles APAC, MEA leadership teams
18 April 2024 -
Convex books first net profit of $503.2mn for 2023
18 April 2024