AmTrust hits back at Premia in High Court RITC case as says costs capped at £1mn

Arch premia AmTrust

AmTrust International has said it is not responsible for any costs in excess of £1mn incurred by Premia and Arch in the reinsurance to close (RITC) of Lloyd’s Syndicate 1861 in its defence against a $6.7mn High Court claim launched by the two parties.

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