British Insurers Fail with Lawsuit Against Allianz
2 Articles
2 Articles
Allianz has won a million-dollar lawsuit rooted in the heart of the notorious Cum-Ex scandal and concerns professional indemnity insurance from the law firm Freshfields Bruckhaus Deringer. Munich I dismissed a lawsuit from eleven British insurers demanding reimbursement of around 35 million euros from Allianz. 11 insurers against Allianz: Million-dollar Freshfields dispute first appeared on insurance business today.
Allianz has won a million-dollar lawsuit with eleven British insurers, and the Munich Regional Court dismissed the lawsuit. The insurers had paid compensation to Freshfields Bruckhaus Deringer, a law firm involved in the Cum Ex scandal, and demanded the money from Allianz. Allianz has won a lawsuit with eleven British insurers © Allianz Several British insurers have failed to bring a double-digit million sum in the alliance. [...]
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