BANKRUPTCY PLAYS

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Now you know this whole thing makes my head swim. It's a complicated mess. And this is just one subsidiary of many they have / had. LaSalle is the only KNOWN performing sub right now. Any others? Time will tell. Doubtful.

You might be interested to know, the whole thing collapsed because Trenwick America has exposure to The World Trade Center and 9/11. That was a huge insurance event. Trenwick was on the wrong side of that tragic event financially speaking.

Trenwick is used as a case study in the insurance industry and is frequently mentioned (or WAS frequently mentioned in the 2001-2004 time frame) at insurance conferences and the like. You can find PowerPoint presentations on the web that mention Trenwick in runoff and the whole tangled mess.