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14 August 2023Insurance

Aon strikes back at Vesttoo; names $137m losses in collateral scandal

Aon's Bermudian segregated accounts reinsurance vehicle, White Rock Insurance, will launch an arbitration suit against insurtech ILS platform Vesttoo in the next major move in the unfolding collateral scandal and has already scored a quick temporary injunction to keep possible damages frozen on Vesttoo accounts.

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