Bermuda court rules Credit Suisse winner in $20mn disputed Jebi ILW case
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Bermuda court rules Credit Suisse winner in $20mn disputed Jebi ILW case

Fiona Robertson
09 May 2022
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Hamilton Bermuda View

Aeolus must return $20mn of capital to Credit Suisse in relation to a disputed ILW contract, the Supreme Court of Bermuda ruled on Friday.

The dispute hinged on whether an alternative reporting agency should have been used to determine a payout connected to 2018 Typhoon Jebi.

Aeolus

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Topics

News Credit Suisse Insurance-Linked Strategies Regulation ILWs Catastrophe losses
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