Regulators probe Dublin branch of insurer involved in HIH collapse

INTERNATIONAL financial regulators are probing transactions at the Dublin subsidiary of an insurance company owned by billionaire investor Warren Buffett.

Regulators in America, Australia and Britain are looking into deals concluded out of the Dublin branch of General Re in 2000/2001 with a number of major companies.

The International Financial Service Centre-based General Re, and its subsidiary Cologne Re, sell sophisticated financial reinsurance products.