24 Jun 2005
RE WINTERTHUR LIFE
- Citation
- RE WINTERTHUR LIFE
- Court
- Court of First Instance
- Case number
- HCMP734/2005
The court sanctioned the Scheme because statutory procedures under section 24 were complied with, the independent actuary concluded no material adverse effect on policyholder security or expectations, the Insurance Authority raised no objection and imposed solvency and governance conditions, and the Scheme was overall fair to the classes of affected persons.