Judgment
In the Matter of Premier Assurance Group Spc Ltd. v Providence Insurance company I.I for and on behalf of defendant, et al
FSD 0229 OF 2021 (ASJ) · 2023-May-17
Segregated Portfolio Company licensed to sell life and health insurance products overseas ? significant portion of life insurance business transferred overseas without prior regulatory approval of Cayman Islands Monetary Authority ? whether transaction a ?transfer? within the meaning of the Insurance Act- whether if so, transfer void for illegality and of no effect.
Full metadata
| Cause Number | FSD 0229 OF 2021 (ASJ) |
|---|---|
| Court | Grand Court |
| Judgment Date | 2023-May-17 |
| Subject | Segregated Portfolio Company licensed to sell life and health insurance products overseas ? significant portion of life insurance business transferred overseas without prior regulatory approval of Cayman Islands Monetary Authority ? whether transaction a ?transfer? within the meaning of the Insurance Act- whether if so, transfer void for illegality and of no effect. |
| Category | Financial Services Division |
| Filename (current) | 27BLDT3TI5I41GGEG56456B6D962765A457C93B04CB3A0BF5683.pdf |
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