PartnerRe Receives Subpoena on Finite Reinsurance Investigation

June 17, 2005

Separate emails using a comma.

PartnerRe Ltd. joined other Bermuda insurers – RenRe, and Platinum being the latest (See IJ Web site June 16) – in the small, but growing, club of reinsurers who have received subpoenas from the United States Attorney for the Southern District of New York requesting information relating to finite reinsurance products.

The Company has acknowledged receipt of the request, and said – after noting that other companies had received similar demands – that it “intends to cooperate fully in responding to this and other requests for information from regulatory authorities.”

Separate emails using a comma.
Subscribe Like this article?
Subscribe to our free email newsletter.

Latest Comments

  • June 18, 2005 at 3:48 am
    Terry says:
    So much for 'confidentiality' in Bermuda. I was under the impression that until the new 'cooperative agreement' takes effect,they had to respond 'legally' when a 'felony char... read more
See all comments

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features