Aneco Re wins $35 m UK court decision against Johnson & Higgins

By David Marchant

25 years ago

Topics

Bermuda Insurance United Kingdom

Keywords

Aneco Reinsurance Underwriting Bermuda Insurance Market Johnson & Higgins

Aneco Reinsurance Underwriting, the Bermuda-based reinsurance group that went into liquidation in 1992, has won US$34.98 million in damages for negligent advice given by US brokerage Johnson & Higgins, reported the Financial Times on July 31, 1999. The broker was also held to be liable for the insurer’s losses.

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