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1 through 20 of 68 matching documents, best matches first.   Sort by date

CBL, Directors Face $6.3 Million in Fines After New Zealand Liquidation
New Zealand's High Court ordered defunct insurer CBL Corp. Ltd. and four independent directors to pay about NZ$10 million ($6.3 million) in penalties for conduct including reckless ...
Source: BestWire   Date: December 28, 2023
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Ex-CEO, CFO of Insolvent CBL Insurance Not Guilty in Fraud Case
Zealand Serious Fraud Office. Harris faced five charges of theft by person in special relationship, two charges of obtaining by deception and a single charge of false accounting ...
Source: BestWire   Date: September 25, 2023
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Third Person Charged in CBL Insurance Collapse
A third person has been charged by New Zealand authorities in connection with the collapse of CBL Insurance Ltd. The unidentified individual's attorney, John Billington, confirmed ...
Source: BestWire   Date: March 18, 2021
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Lombard Australia Gains Regulator’s Approval to Acquire CBL’s Assetinsure
Lombard Australia Holdings Pty Ltd. has received the Australian Prudential Regulation Authority's approval to acquire Assetinsure from New Zealand insurer CBL Corp. Ltd. The deal ...
Source: BestWire   Date: June 13, 2019
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New Zealand’s CBL Insurance Placed in Permanent Liquidation
New Zealand insurer CBL Insurance Ltd. has been placed into permanent liquidation by the Auckland High Court without the need for a contested hearing, according to the Reserve Bank ...
Source: BestWire   Date: November 12, 2018
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Lombard Australia to Buy CBL’s Assetinsure
Administrators of New Zealand insurer CBL Corp. Ltd. have entered into an agreement to sell another of the company's international subsidiaries, according to a regulatory filing. ...
Source: BestWire   Date: November 9, 2018
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CBL’s Administrators Sell Company’s Second Overseas Business
Administrators of New Zealand insurer CBL Corp. Ltd. have sold a second of the company's international subsidiaries, they said in a regulatory filing. U.K.-based European Insurance ...
Source: BestWire   Date: September 28, 2018
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CBL Liquidators Postpone Watershed Meeting
Voluntary administrators of CBL Corp. said the watershed meeting of the CBL group of companies is to be adjourned pending resolution of CBL Insurance's liquidation. According to ...
Source: BestWire   Date: August 9, 2018
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CBL’s Chairman, Directors Resign
John Wells has stepped down as director and chairman of both CBL Corp. Ltd. and CBL Insurance Ltd. amid an ongoing liquidation and regulatory investigation into issues of market ...
Source: BestWire   Date: July 16, 2018
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CBL Administrators to Sell Fee Protection Insurance Unit in UK
Professional Fee Protection Ltd. to U.S. private equity firms Highbridge Principal Strategies and Madison Dearborn Partners. In a regulatory filing, administrators Brendon Gibson ...
Source: BestWire   Date: July 10, 2018
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CBL Under Probe by New Zealand Regulators on Market Conduct, Disclosures
News Service, May 17, 2018). While the RBNZ seeks the liquidation of CBL Insurance, administrators said they do not have control of the group's insurance businesses - CBL Insurance ...
Source: BestWire   Date: June 28, 2018
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CBL Insurance Liquidation Hearing Postponed in New Zealand, Giving Opponents Time to Offer Alternatives
Court of New Zealand appointed interim liquidators for CBL on Feb. 23. Insolvency concerns at CBL Insurance sparked the move, according to an affidavit filed earlier by the RBNZ's ...
Source: BestWire   Date: June 6, 2018
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Administrators Call for New Zealand’s CBL to Be Liquidated
The voluntary administrators of New Zealand-based CBL Corp. have recommended the firm be placed into liquidation. CBL was placed in interim liquidation earlier this year. "The ...
Source: BestWire   Date: May 17, 2018
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Denmark’s Alpha Insurance Enters Bankruptcy, Cites CBL Liquidation
New Zealand, CBL said in a statement. Alpha Insurance was placed into liquidation on March 4 and on May 8, Dutch courts certified the bankruptcy and appointed a bankruptcy curator, ...
Source: BestWire   Date: May 15, 2018
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 BestWeek Asia-Pacific Edition - March 6, 2018
The China Insurance Regulatory Commission has taken over Anbang Insurance Group for one year, according to a statement from the regulator.
Source: BestWeek Asia-Pacific   Date: March 6, 2018
A.M. Best Changes Credit Ratings of CBL Ins Ltd Following Regulatory Action; Withdraws Issuer Credit Rating of CBL Corp Ltd
Reserve Bank of New Zealand. A.M. Best had been closely monitoring the activity surrounding CBL since taking an earlier rating action on Feb. 6, 2018. The ratings of CCL and CBL ...
Source: Press Releases   Date: February 23, 2018
A.M. Best Changes Credit Ratings of CBL Ins Ltd Following Regulatory Action; Withdraws Issuer Credit Rating of CBL Corp Ltd
Reserve Bank of New Zealand. A.M. Best had been closely monitoring the activity surrounding CBL since taking an earlier rating action on Feb. 6, 2018. The ratings of CCL and CBL ...
Source: BestWire   Date: February 23, 2018
CBL Insurance Placed Under Liquidation in New Zealand
The High Court in New Zealand has placed CBL Insurance Ltd. under interim liquidation following an application by the Reserve Bank of New Zealand as the insurer's prudential ...
Source: BestWire   Date: February 23, 2018
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Irish Regulator Orders Credit Surety Insurer CBL Europe to Stop Writing Business
Insurance Europe dac to stop writing new business. Irish-based CBL Insurance Europe is a subsidiary of New Zealand-based CBL Corp. Ltd. The Central Bank's order, which takes effect ...
Source: BestWire   Date: February 20, 2018
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 BestWeek Asia-Pacific Edition - February 20, 2018
Prudential Financial Inc. has agreed to acquire a 13.1% stake in Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer said in a statement.
Source: BestWeek Asia-Pacific   Date: February 20, 2018

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