Aneco Re wins ruling over Johnson & Higgins

By David Marchant

16 years ago

Topics

Bermuda Insurance Liquidations & Insolvencies United Kingdom

Keywords

Aneco Reinsurance Underwriting Ltd. Bermuda Insurance Market Johnson & Higgins Liquidations & Insolvencies Mark Hardy

Bermuda-based Aneco Reinsurance Underwriting Ltd., which went into liquidation in 1991/92, has won a House of Lords ruling that might render it solvent.In a decision dated October 18, 2001, the House of Lords dismissed by four to one an appeal by broker Johnson and Higgins against a lower court’s decision to award $35 million to Aneco Re.

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