Florida regulator alleges Allianz Risk Transfer ‘looted’ failed depop insurer
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Florida regulator alleges Allianz Risk Transfer ‘looted’ failed depop insurer

The Florida Department of Financial Services is suing Allianz and its Bermudian subsidiary Allianz Risk Transfer (ART) for more than $20mn after alleging that the insurance group conspired to "loot" failed Floridian insurer Magnolia Insurance.

Subscribers, log in here:

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
      • Fuel a smarter strategy for business growth
Gift this article