Reinsurer Seeks Specific Performance, Asserts Breach Of Contract Claim

(May 22, 2019, 1:59 PM EDT) -- NEW YORK — In a May 17 complaint, a reinsurer seeks an order of specific performance under reinsurance and retrocession agreements from a New York federal court with regard to the release of excess assets in an operating account and, alternatively, asserts breach of contract (TAKATA Reinsurance Inc. v. AIU Insurance Company Ltd., No. 19-04586, S.D. N.Y.)....

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