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.
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts 
Founder of Auto Parts Maker Charged With Fraud That Wiped Out Billions 
Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says 
Elon Musk Alone Can’t Explain Tesla’s Owner Exodus 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.