Former Alpha directors sued as liquidators allege unrated insurer was insolvent a year before collapse
Two former directors of failed Danish insurer Alpha are facing a DKr200m (£22.9m) lawsuit brought by the firm’s liquidators for allegedly misrepresenting the financial condition of the company a year before its collapse in 2018.
Alpha’s liquidators allege that the directors – whose identities have not been confirmed – did not properly report the insurer’s solvency position in its 2016 annual report, and that Alpha was in fact
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