RomanR/shutterstock.com_647031994
RomanR/shutterstock.com_647031994
29 August 2024Insurance

Aon’s White Rock sues Chinese bank over Vesttoo fraud damages

Aon’s White Rock Insurance has filed a lawsuit in the New York Supreme Court claiming a total of minimum $140 million in damages from the China Construction Bank (CCB) for the losses related to Vesttoo collateral fraud, according to a court filing.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
14 August 2026   First full quarter with Aspen dovetails with strong renewals; reinsurance revenue up 92%.
Insurance
14 August 2026   AI emerges as D&O double act: opportunity on one side, governance headache on the other.
Insurance
14 August 2026   Property pricing under ‘pressure’ says CEO but sees upside from casualty, PVT.