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Transfer of reinsurance assets abroad

  • Mills & Reeve LLP
  • -
  • Australia, United Kingdom
  • -
  • May 21 2008

The liquidators of the HIH group of Australian insurance companies appealed against the decisions of the High Court and the Court of Appeal that certain assets of the HIH group, mostly reinsurance claims on policies taken out in the London market, should not be remitted to Australia

Claims handling costs should not be given priority over other debts of an insolvent company Centre Reinsurance International Co and others v Freakley and others

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • February 9 2007

Several tort claims were made against T & N Limited (“the Insured”) arising out of its use of asbestos. As a consequence it became unlikely to be able to pay its debts

Claims handling costs should not be given priority over other debts of an insolvent company

  • Mills & Reeve LLP
  • -
  • United Kingdom
  • -
  • February 9 2007

Several tort claims were made against T & N Limited (“the Insured”) arising out of its use of asbestos