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A clue from the US on $13m CBL payout

Regulatory disclosures hint at rationale for payment in breach of Reserve Bank order.  

Tim Hunter
Tue, 17 Jul 2018

Regulatory disclosures in the US may indicate why CBL Insurance paid $13.1 million to US insurer United Specialty in breach of Reserve Bank orders.

The US National Association of Insurance Commissioners publishes detailed quarterly information from US insurers and filings from United Specialty

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Tim Hunter
Tue, 17 Jul 2018
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A clue from the US on $13m CBL payout
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