AIG settles case against ex-Kaboko Mining directors after D&O policy exclusion spat

AIG 2020-10-20 1:06 pm By Cat Fredenburgh | Melbourne

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AIG has settled a lawsuit brought by Kaboko Mining against several former directors alleging they failed to exploit commercial opportunities, after the insurer failed to convince an appeals court that an insolvency exclusion in the company’s D&O policy should exempt it from covering the claims.

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