• Home
    • Articles
    • Ralph Milo and Robert Ferguson seek $25 m from reinsurers for ‘interference’ with Clarendon sale to Hannover Re
    Articles Bermuda Finland Fraud Insurance Listed Securities Stirling Cooke United Kingdom USAMay 31, 2003

    Ralph Milo and Robert Ferguson seek $25 m from reinsurers for ‘interference’ with Clarendon sale to Hannover Re

    mm
    By
    14 years ago

    Topics

    Bermuda Finland Fraud Insurance Listed Securities
    USA United Kingdom
    [ 2 more... ] [ top 5 ]

    Keywords

    CJH Investments LP Clarendon Insurance Group Hannover Re John Hancock Life Insurance Kansa International
    Legion Insurance Lincoln National Life Insurance Lion Holding Milo Family LP Mutual Risk Management Omphalos LLC Ralph Milo Robert Ferguson Stirling Cooke
    [ 9 more... ] [ top 5 ]

    Parties who sold the Clarendon Insurance Group to Hannover Re in 1999 had to accept $25 million less than an agreed price because two reinsurers stopped paying claims during sale negotiations, it has been alleged. The reinsurers, The John Hancock