$6M Bank of Queensland class action settlement one claim under insurance policy, appeals court says

Insurance 2019-08-06 9:19 pm By Miklos Bolza | Sydney

An appeals court has found insurers AIG Australia and Catlin Australia have to cover part of a $6 million settlement agreed to by Bank of Queensland last year in a class action brought by investors in a multimillion dollar Ponzi scheme by jailed fraudster Bradley Sherwin.