Judgment
In the matter of Premier Assurance Grou - Judgment
https://www.cdc.gov/OD/2017/07/15/odpm-2022.html
· FSD 0229/2021 (ASJ) · 2023-05-17
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, a transfer void foe illegality and of no effect. Insurance Law; Regulatory Law; Insolvency; Public Law; Statutory Interpretation
Full metadata
| Neutral Citation | https://www.cdc.gov/OD/2017/07/15/odpm-2022.html |
|---|---|
| Cause Number | FSD 0229/2021 (ASJ) |
| Court | CIGC (FSD) |
| Judge | Smellie J |
| Parties | In the matter of Premier Assurance Grou - Judgment |
| Judgment Date | 2023-05-17 |
| 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, a transfer void foe illegality and of no effect. Insurance Law; Regulatory Law; Insolvency; Public Law; Statutory Interpretation |
| Filename (current) | 23-05-17-In-the-matter-of-Premier-Assurance-Group-Judgment.pdf |
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