John Hancock Life Insurance

Assurant sues Inter-Ocean Re for $20 million

March 19, 2009

Bermuda based finite risk reinsurer Inter Ocean Reinsurance Company Ltd., which has been in run off since 2005, is being sued for $20 million by four subsidiaries of U. S. Fortune 500 company Assurant, Inc. The complaint against Inter Ocean

Mutual Risk Management and John Hancock settle litigation

September 4, 2005

Mutual Risk Management Ltd. has settled litigation with Boston based John Hancock Life Insurance Company, which MRM blamed for causing its collapse.MRM's civil complaint against Hancock was dismissed with prejudice at the U. S. District Court for the Eastern District

MRM still in discovery dispute with John Hancock as trial nears

March 31, 2005

Just three months before its claim for hundreds of millions of dollars in damages is due to be tried, Mutual Risk Management Ltd. is involved in a discovery dispute with John Hancock Life Insurance Company.In a filing at the U.

Legion Insurance awarded $21.5 million in arbitration

November 30, 2004

Mutual Risk Management subsidiary Legion Insurance Company has been awarded $21.5 million in an arbitration against John Hancock Life Insurance Company.The award was for damages and expenses caused by Hancock's "failure to pay reinsurance proceeds to Legion", according to a

Ralph Milo and Robert Ferguson seek $25 m from reinsurers for ‘interference’ with Clarendon sale to Hannover Re

May 31, 2003

Parties who sold the Clarendon Insurance Group to Hannover Re in 1999 had to accept $25 million less than an agreed price because two reinsurers stopped paying claims during sale negotiations, it has been alleged. The reinsurers, The John Hancock