Of River Re Limited & Anor, Re
The court sanctioned the Scheme as all jurisdictional requirements were satisfied, the independent expert confirmed no material adverse effect on policyholders or reinsurers, notification and advertisement requirements were met, and no regulatory or third-party objections were raised.
- Parties
- Transferor: River Re Limited; Transferee: Riverstone Insurance (UK) Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 03 November 2026
- Procedural Posture
- Joint Application for Court Sanction of Insurance Business Transfer / Final Judgment
- Outcome
- Scheme sanctioned
- Legal Topics
- Part VII Transfer, Sanctions Compliance, Notification Requirements, Independent Expert Report, Regulatory Approval
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
River Re Limited
Transferor
Riverstone Insurance (UK) Limited
Transferee
Procedural Posture
Joint Application for Court Sanction of Insurance Business Transfer / Final Judgment
Legal Issues
- 1 Whether the court has jurisdiction to sanction the Scheme under Part VII of FSMA 2000
- 2 Whether the Scheme adversely affects policyholders or reinsurers
- 3 Whether notification and advertisement requirements have been met
Ratio Decidendi
The court sanctioned the Scheme as all jurisdictional requirements were satisfied, the independent expert confirmed no material adverse effect on policyholders or reinsurers, notification and advertisement requirements were met, and no regulatory or third-party objections were raised.
Court Disposition
Scheme sanctioned
Orders
- Scheme approved and sanctioned under Part VII of FSMA 2000
- Draft order to be issued subject to minor amendment
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment