Antares Reinsurance Company Limited v. Clear Blue Insurance Company

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Case Number:

3:25-cv-00517

Court:

North Carolina Western

Nature of Suit:

Insurance

Judge:

Frank D Whitney

Firms

  1. October 07, 2025

    Reinsurer Resists Arbitration In $7M Letter Of Credit Fight

    A Qatari insurance conglomerate's reinsurance unit told a North Carolina federal court that its dispute with a domestic insurer over the insurer's roughly $7 million letter of credit drawdown shouldn't go to arbitration, arguing that a contract the insurer relies on is "wholly unrelated" to the letter of credit.

  2. July 18, 2025

    Insurer Improperly Took $7M From Letter Of Credit, Court Told

    A unit of a Qatar-based insurance company accused a U.S.-based insurer in North Carolina federal court of improperly drawing down roughly $7 million from a letter of credit that was part of one set of reinsurance transactions to pay for its obligations under another completely separate reinsurance transaction.