Kestrel Group - GLS Unit Engaged In Arbitration With One Of Its Ceding Companies Over Reinsurance Contract - SEC Filing

Reuters
2025.11.26 22:35
portai
I'm PortAI, I can summarize articles.

Kestrel Group's GLS unit is engaged in arbitration with a ceding company over alleged breaches and misrepresentations in a reinsurance agreement. GLS seeks full rescission of the contract and recoupment, denying payment of certain invoices, and is vigorously pursuing claims for rescission and recovery of previously paid amounts.

Nov 26 (Reuters) - Kestrel Group Ltd (KG.O) :

  • KESTREL GROUP LTD - GLS UNIT ENGAGED IN ARBITRATION WITH ONE OF ITS CEDING COMPANIES OVER REINSURANCE CONTRACT - SEC FILING
  • KESTREL GROUP: GLS IS ASSERTING THAT CEDANT HAS COMMITTED MULTIPLE BREACHES OF REINSURANCE AGREEMENT, ALONG WITH OTHER MATERIAL MISREPRESENTATIONS
  • KESTREL GROUP: GLS SEEKING FULL RESCISSION OF REINSURANCE AGREEMENT, RECOUPMENT, HAS DENIED PAYMENT OF CERTAIN INVOICES - SEC FILING
  • KESTREL GROUP LTD - GLS IS “VIGOROUSLY” PURSUING CLAIMS FOR RESCISSION AND RECOVERY OF AMOUNTS PREVIOUSLY PAID Source text: Further company coverage: (KG.O)
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer