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Assurant settles SEC finite re investigation
21 January 2010
US specialty insurer Assurant has entered into a settlement with the US Securities and Exchange Commission that concludes the SEC’s finite reinsurance investigation of the firm.
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US specialty insurer Assurant has entered into a settlement with the US Securities and Exchange Commission (SEC) that concludes the SEC’s finite reinsurance investigation of the firm.
Assurant will pay a civil penalty of $3.5m.
This follows the news this week that Gen Re had reached a settlement with the SEC over finite reinsurance deals with American...
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