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    Articles Bermuda Featured Fraud Insurance Liquidations & Insolvencies Listed Securities Stirling Cooke United Kingdom USADecember 21, 2003

    AlphaStar files for Chapter 11 bankruptcy protection

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    By
    20 years ago

    Topics

    Bermuda Fraud Insurance Liquidations & Insolvencies Listed Securities
    USA United Kingdom
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    Keywords

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    Bermuda-domiciled AlphaStar Insurance Group Ltd. and 11 of its subsidiaries have applied for Chapter 11 bankruptcy protection in New York. The group is seeking breathing room while it seeks buyers for its assets, including policy-issuing subsidiary Realm National Insurance Company, for which AlphaStar "is no longer able to provide capital".