Aon Unit Accuses Chinese Bank Of $2.8B Reinsurance Fraud
Aon Unit Accuses Chinese Bank Of $2.8B Reinsurance Fraud <https://www.law360.com/insurance/articles/1874495?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-08-30&read_main=1&nlsidx=0&nlaidx=1> By Ganesh Setty An Aon PLC subsidiary has accused one of China's largest banks in New York state court of helping a now-bankrupt insurtech company engage in a multibillion-dollar scheme to defraud the subsidiary and cedent insurers in reinsurance transactions, seeking to recover at least $140 million in lost premiums from the bank. Complaint attached | Read full article » <https://www.law360.com/insurance/articles/1874495?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-08-30&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/insurance/articles/1874495?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-08-30&read_later=1&nlsidx=0&nlaidx=1>
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Gunnar Larson