R&Q to pay Ace after ‘loss’ definition defence fails
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R&Q to pay Ace after ‘loss’ definition defence fails

31 May 2012
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Run-off specialist Randall & Quilter (R&Q) has been ordered to pay Ace Property and Casualty Insurance for its asbestos-related claims, after the legacy reinsurer tried to argue over the "loss" and "expense" terminology in the policies.

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