Articles Bermuda Featured Insurance USADecember 31, 2001

    Carolina Re is forced into liquidation

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    22 years ago

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    Bermuda Insurance USA

    Keywords

    Aioi Insurance Co. Ltd. Bermuda Insurance Market Carolina Reinsurance Conyers Deloitte
    Ernst & Young Fortress Re Gareth Hughes GE Frankona Re Global Aerospace Underwriting Management Hannover Re John McKenna Kenneth Kornfeld Maurice Sabbah Nissan Fire and Marine Insurance Co. Ltd. PricewaterhouseCoopers Taisei Fire & Marine Insurance Co. Ltd. The St. Paul Companies Westbroke Ltd.
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    Losses from the World Trade Center terrorist attack have claimed their first victim in Bermuda, with the forced liquidation of Carolina Reinsurance Limited.Carolina Re was a Class 3 insurer that was formed in Bermuda in 1984 and managed by Westbroke Ltd., which is operated by the law firm of Conyers, Dill & Pearman.