Fairfax Subsidiary Receives Subpoena in SEC Probe of GenRe
Canada’s Fairfax Financial Holdings Limited has announced that its subsidiary, Fairmont Specialty Group, has received a subpoena from the Securities and Exchange Commission requesting documents regarding “any non-traditional insurance product transactions entered into by Fairmont with General Re Corporation or affiliates thereof.”
The brief announcement said “Fairmont is cooperating with that request.”
Popular Today
- Court Ruling Could Help Shed Light on Owners of Litigation Funders, Medical Clinics
- AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
- Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft
- CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases