D&O insurers face Santander payout on $235mn Madoff settlement
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D&O insurers face Santander payout on $235mn Madoff settlement

27 May 2009
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Insurers led by Liberty International face a potential payout on Banco Santander's directors' and officers' (D&O) liability insurance after the Spanish bank agreed a $235mn settlement over its Madoff losses.

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