The insurance company finally agreed not to recover third party liability claims from the family of the Ferrari driver. They do not have the legal right anyway. It was quite bad for them to posture in this manner.
http://www.straitstimes.com/breaking-news/singapore/story/ferrari-case-family-and-insurer-reached-settlement-20130125
What a pity, no more Court case, Would like to see how our Court view this tragic case.
ReplyDeleteSo, is it an accident or not?
AXA dare not comment now. Smart move, it's a foreign Insurer after all, operating in a foreign country.