Reinsurer Settles With Japanese Insurer In Security Deposit Case

Mealey's (June 25, 2020, 2:04 PM EDT) -- NEW YORK — A Japanese insurer reached a settlement with a reinsurer concerning its lawsuit seeking an order of specific performance under reinsurance and retrocession agreements over the release of excess assets in an operating account, according to a June 22 order by a New York federal judge (TAKATA Reinsurance Inc. v. AIU Insurance Company Ltd., No. 19-04586, S.D. N.Y.)....

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