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GIC Re studying $115 mn suit by AM Re Syndicate for US business

GIC Re studying $115 mn suit by AM Re Syndicate for US business

by AIP Online Bureau | Mar 5, 2022 | Indian News, Non-Life, Reinsurance

In a regulatory filing on Thursday, GIC Re said it is currently in the process of studying the complaint and quantification in detail in order to determine the next steps “In the complaint, AM RE has sought amounts which are to be determined at trial, but which...
GIC sued for $115 million by AM Re for cancellation of agreement

GIC sued for $115 million by AM Re for cancellation of agreement

by AIP Online Bureau | Feb 24, 2022 | International News, Non-Life, Reinsurance

‘GIC disputes the allegations of the complaint and will address claims at the appropriate time in the litigation. Beyond that, GIC has no comment on the allegations or claims asserted in that proceeding as the matter is pending adjudication before the US...

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