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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