The insurer for Kensington and Chelsea LBC has taken a £7m hit relating to the Grenfell Tower fire.
An arbitration panel ruled against Norwegian-based Protector in a dispute with Munich Re over a reinsurance contract covering the financial property loss following the tragic blaze, which claimed 72 lives.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login