AXA Unit Chases Underwriter For €4.4M In Premiums

Law360, London (September 4, 2020, 6:46 PM BST) -- An AXA XL Ltd. unit won preliminary approval Friday to dig deeper into the NatWest bank accounts of the owner of an underwriter accused of pocketing more than €4.4 million ($5.1 million) from policy premiums allegedly spent on luxury goods.

High Court Judge Andrew Baker said he expects to grant XL Insurance Co. SE permission to seek additional disclosure from third-party National Westminster Bank PLC for accounts held in the name of Paul Alan Corcoran, the sole shareholder and director of Ipors Underwriting Ltd. The judge said if XL presented him with a final copy of the order as discussed during...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!