A seepage of asbestos claims into Oil Casualty Insurance Ltd (OCIL)'s loss-stricken excess liability cat bond, Avalon Re, has thrown into question the valuation of its August tender offer to repurchase up to $50mn of the bond's Class B...
A seepage of asbestos claims into Oil Casualty Insurance Ltd (OCIL)'s loss-stricken excess liability cat bond, Avalon Re, has thrown into question the valuation of its August tender offer to repurchase up to $50mn of the bond's Class B...