Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017

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Maiden eyes settlement with whistleblowing ex-COO

  • Dan Ascher 18 August 2017
  • Maiden is set to enter settlement talks with its former COO Bentzion Turin, who has spent the best part of the last decade maintaining that the beleaguered reinsurer committed fraud in a key $260mn transaction in 2009.

    The revelation came as Turin was preparing to face his former boss, Maiden's CEO Art Raschbaum, who was due to testify about the allegations by lawyers for the self-styled whistleblower.

    But The Insurance Insider understands that the two parties have been forced into...

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