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HIH Insurance
Essay specific features
Written by:
Aaron N
Date added:
November 2, 2015
Level:
University
Grade:
A
No of pages / words:
6 / 1499
Was viewed:
1748 times
Rating of current essay:
Essay content:
Tony McGrath of KPMG was appointed as provisional liquidator to HIH and 17 of its controlled entities. Provisional liquidation is a temporary form of administration that gives HIH time for the provisional liquidators to review HIH operations and assess the financial position.
HIH insurance is now in run?off, which means it is managing its outstanding claims and not writing any new business...
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Facts about HIH Insurance
HIH comprised several separate government?licensed insurance companies, including HIH Casualty and General Insurance Limited, FAI General Insurance Company Limited (FAI), CIC Insurance Limited (CIC) and World Marine and General Insurances Limited (WMG)...
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