Bermuda court rules Credit Suisse winner in $20mn disputed Jebi ILW case
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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

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

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article