Judge appoints provisional administrator to Irish arm of CBL Insurance Ltd

The High Court has appointed a provisional administrator to the Irish arm of troubled New Zealand specialist insurer CBL Insurance Ltd.

Judge appoints provisional administrator to Irish arm of CBL Insurance Ltd
Mon, 26 Feb, 2018 - 13:01

The High Court has appointed a provisional administrator to the Irish arm of troubled New Zealand specialist insurer CBL Insurance Ltd.

The appointment was sought by the Central Bank in an urgent early morning application today, a week after the bank ordered CBL Insurance Europe DAC (CBLIE) to stop writing business.

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CourtsHeathrowPlace: New ZealandPlace: Fitzwilliam Street UpperPerson: Paul GallagherPerson: Brian McGovernPerson: Kieran WallacePerson: McGovernPerson: GallagherOrganisation: CBL Insurance LtdOrganisation: CBL Insurance Ltd.Organisation: Central BankOrganisation: CBL Insurance Europe DACOrganisation: CBLIEOrganisation: High Court of New ZealandOrganisation: Royal Bank of New ZealandOrganisation: CBLNZOrganisation: RyanairOrganisation: Europ Assist
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