Bermuda-based Platinum Underwriters Holdings Ltd. announced that it has received a grand jury subpoena from the United States Attorney for the Southern District of New York requesting documents relating to Platinum’s finite reinsurance products.
Platinum said it “has been informed that other companies in the industry have received similar subpoenas. Platinum intends to fully cooperate in responding to this request, as it did for similar information requests from the Securities and Exchange Commission and the Office of the Attorney General for the State of New York.”
Was this article valuable?
Here are more articles you may enjoy.
The Iran War Is Pushing the Global Gas Trade into the Shadows 
Hanwha Aerospace Explosion Kills Five Workers, Lee Orders Probe 
Jefferies Sued by Fund Investors Alleging Water Firm Fraud 
US, Mexico, Canada to Miss July USMCA Date, Ramping Up Trade Tension 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.