Legal

Current Generali CEO Philippe Donnet said the rebel plan puts the firm’s dividend targets at risk.

The withdrawal of insurance coverage provided by subsidiary The Bond & Credit Co was linked to the collapse of the supply-chain finance firm.

The carrier said it will examine the impact of the ruling on other claims under non-damage denial-of-access wordings.

The majority of BLM’s lawyers will join Clyde & Co’s casualty insurance practice as part of the deal.

Axa has been granted permission to appeal certain aspects of the ruling of a case successfully brought against it by Wolseley owner Corbin & King over Covid-19 BI cover.

The firm says that, without change, firms will be downgraded in the coming weeks.

The insurer predicts there will be some release from its provision, but it will happen over time and is subject to court proceedings.

Policy holders The Taphouse Townsville and LCA Marrickville, and insurer IAG have each filed applications for special leave to appeal to the Australian High Court.

The findings of the Corbin & King case could have both widened coverage and increased the aggregate businesses can claim.

Colombian authorities said that Carpenter Marsh collaborated throughout the investigation and received a 50% discount on the fine.

The executive said that, in many cases, reinsurance contract wordings had not been tested for Covid recoveries.

Multiple interlocking dependencies will determine whether huge potential claims from leasing companies are ultimately paid.