Zurich Insurance Company

Industry watchers have been taken aback by the aggressive strategy adopted by Superior National Insurance Group Inc. in its $175 million contract dispute with Inter-Ocean Re and Inter-Ocean's principal shareholder, American Re-Insurance Company.Not content to wait for the outcome of arbitration proceedings that are due to be held soon in New York, Superior National filed a lawsuit against both parties in Los Angeles County Superior Court on September 7 in which they seek $200 million.

Firemen's Fund Insurance Company vs. International Energy Insurance Limited et al. - Bermuda Supreme Court

Bermuda-based Centre Reinsurance Holdings is facing legal action following the recent provisional liquidation of UK firm Anglo American Insurance Company, which Centre Re both owned and reinsured.Inside Bermuda has been told that creditors are going to sue Centre Re, alleging that Centre Re and its parent, Swiss-based Zurich Insurance Company, have misled Anglo creditors and acted in its own interests to the detriment of creditors through a series of actions since 1992.