February 18, 2009
Insurance sharks settling.
This is just a brief update in reference to a previous article providing an overview of settlements by Dutch insurance companies as a consequence of charging customers high and hidden costs.
More background information can be found here.
The score so far is:
- Delta Lloyd 300 million euro
- Nationale Nederlanden (ING subsidiary) 365 million euro
- Fortis ASR 780 million euro
Active negotiations working towards settlements:
Potential disputes due to refusal to work with Verliespolis and Woekerpolis :
- Generali
- Goudse
New developments will be incorporated in this overview.
Sources: