Berkshire’s Nico sues TIG, R&Q, SiriusPoint for ~$104mn unpaid asbestos-related cover
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Berkshire’s Nico sues TIG, R&Q, SiriusPoint for ~$104mn unpaid asbestos-related cover

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Berkshire Hathaway has filed a complaint against a handful of reinsurers, accusing them of breach of contract over unpaid submitted reinsurance bills.

The lawsuit, filed by Berkshire’s National Indemnity Company (Nico), names TIG, R&Q, SiriusPoint and Global Reinsurance as defendants, as well as Brazilian reinsurer IRB and Japan’s Secom and Aioi.

According

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