Allianz Cornhill is being sued by CGU Insurance in a $1.2m (£720,000) reinsurance dispute.
CGU claims it is owed the money by Allianz Cornhill under the terms of a reinsurance contract, which relates to cover for Burnett & Company Inc and Miller Energy Insurance.
CGU has filed a breach-of-contract claim at the High Court demanding $1.2m (£720,000) from Allianz Cornhill.
CGU is also seeking a declaration from Allianz Cornhill that it "remains liable to the claimant [CGU] for any further amounts rendered pursuant to the said contract of reinsurance".
CGU said it was also claiming interest on any sum adjudged to be due to the company.
Allianz Cornhill was unavailable for comment when Insurance Times went to press.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
