Venezuelan state-owned hydrocarbon company PDVSA has refused to keep QBE's O'Farrell syndicate on as the lead of its $1bn programme and at least one major Lloyd's writer has since refused to take on the leadership.
Venezuelan state-owned hydrocarbon company PDVSA has refused to keep QBE's O'Farrell syndicate on as the lead of its $1bn programme and at least one major Lloyd's writer has since refused to take on the leadership.