A run-in over run-off.
US courts have routinely granted relief under Section 304 of the
Bankruptcy Code to give effect in the US to schemes of arrangement for
insolvent insurance companies. More recently, insolvency
Bankruptcy Code to give effect in the US to schemes of arrangement for
insolvent insurance companies. More recently, insolvency
More on Regulation
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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