We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Swiss Reinsurance Settles With KeyCorp For $279M

Law360 (February 21, 2007, 12:00 AM EST) -- Putting an end to years of legal wrangling, Swiss Reinsurance America Corp. is set to fork over $279 million to settle an insurance lawsuit with financial services company KeyCorp.

The Cleveland-based KeyCorp revealed the settlement in a filing with the U.S. Securities and Exchange Commission on Tuesday.

KeyCorp said in the filing that it had reached the deal with the New York-based Swiss Reinsurance – which is the United States property and casualty reinsurance branch of Zurich, Switzerland-based reinsurance giant Swiss Reinsurance, one of the world's...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.