AmTrust says costs capped at £1mn in $6.9mn Premia RITC dispute
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

AmTrust says costs capped at £1mn in $6.9mn Premia RITC dispute

Samuel Casey
18 May 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
amtrust legal.jpg

AmTrust has said it would be “contrary to commercial common sense” to be liable for expenses of £1mn ($1.2mn) relating to a reinsurance to close (RITC) deal with Premia and Arch.

Premia and Arch have launched a $6.7mn legal case against AmTrust relating to an RITC for the 2018 year of account of Syndicate 1861.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsArch CapitalPremiaLegacy
sam casey 2024 ii red 2.png
Samuel Casey
Senior Reporter
Contact
Gift this article