• Home
    • Articles
    • Stockholm Re creditors to receive 30 cents on the dollar
    Articles Bermuda Fraud Insurance Liquidations & Insolvencies Stirling Cooke United KingdomAugust 31, 2001

    Stockholm Re creditors to receive 30 cents on the dollar

    mm
    By
    23 years ago

    Topics

    Bermuda Fraud Insurance Liquidations & Insolvencies United Kingdom

    Keywords

    Bermuda Insurance Market Clarendon Insurance Comp Indemnity Reinsurance Company Ltd. Corporate Trust and Administrative Services Dai Ichi Kyoto Re
    David Morgan Deloitte James Parkinson Kobe Re Liquidations & Insolvencies Mark Smith National Underwriters (Reinsurance) Ltd. North American Fidelity & Guarantee Paul Yorke-Wade Powerscourt Group Raydon Underwriting Management Stirling Cooke Stockholm Re
    [ 13 more... ] [ top 5 ]

    Creditors of Stockholm Re (Bermuda) Ltd., which went into liquidation in January, 1995, are likely to receive just 30 cents on the dollar when all is said and done.
    A spokesman for liquidator Deloitte & Touche in London said that a dividend of 20 cents on the dollar was paid to creditors at the end of May, 2001, with a second dividend due to follow later this year.