A British court has ordered the provisional protection of Taisei Fire & Marine's British assets from creditors, the company has said.
The ruling relates to the Japanese non-life insurer's insolvency filing, on 22 November 2001, as a result of huge payouts associated with the 11 September terrorist attacks on the US.
The order bars its creditors from individually filing lawsuits against it, Taisei said.
A US court earlier made a similar decision to protect the firm's US assets.
Taisei is estimated to have racked up a ¥74.4bn (£389.5m) loss after paying out claims on reinsurance contracts with US casualty insurers for the September attacks.
Taisei's revenues from insurance premiums totalled ¥88.7bn (£464.4m) in the year to March 2001. Its assets amounted to ¥411.4bn (£2.2bn), making it the 16th largest among Japan's 37 non-life insurers.
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