Global Investigations Review - The law and practice of international investigations

Misguided sanctions policy costs New York insurance company millions

By Michael Griffiths

01 October 2020

Misguided sanctions policy costs New York insurance company millions Havana, Cuba (Credit: Pedro Szekely via Flickr)

Generali Global Assistance has agreed to pay $5.8 million to settle over two thousand alleged breaches of US sanctions on Cuba for processing payments for tourists who had visited the blacklisted country.