Legal
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The dispute stems from a massive oil spill when the Bahamas-registered vessel sank in 2002.
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The Irish central bank finds Rory O'Connor "knowingly and actively" under-reserved and gave false information to the supervisor.
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The value of accounting adjustments made by Ronald Pipoly are said to have exceeded $300mn by the end of 2015.
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Charles Russell Speechlys is advising is the customers of various UK insurers.
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The claims resolution firm suggested Herbert Smith Freehills may have worked on some of the policy wordings under scrutiny in the High Court test case.
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The Corporation looks set to complete the mammoth transaction comfortably within the transition period.
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China’s one-time top insurance supervisor was sentenced for accepting bribes.
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Carriers must “stop the clock” on claim time limits from today until the court outcome.
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Far Horizons Capital is also suing JP Morgan for misrepresenting the reinsurer’s prospects when it was founded. -
The regulator’s interim chief says 90 percent of cover is for basic property damage.
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Allianz, Chubb and WRB are among the carriers that oppose the centralisation of BI claims.
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The industry must address the legacy of “redlining”, the executive says.
