Insurance Business Transfer Schemes

Adam Bogdanor offers practical advice on the regime established by Part 7 of the Financial Services and Markets Act 2000 (FSMA) for transferring long-term and general insurance business.

Topics include:

  • Key features of a Part 7 scheme
  • Key challenges of a Part 7 scheme
  • Advantages of Part 7 schemes
  • Disadvantages of Part 7 schemes
  • Recent developments and case law on Part 7 schemes
  • Advice for insurers undertaking a Part 7 scheme

Cases referenced:

  • Re Aviva International Insurance Ltd [2011] EWHC 1901 (Ch)
  • Provident Insurance Plc v Financial Services Authority [2012] EWHC 1860 (Ch)

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Date:Published Monday 11 April 2016
Duration:0.5 hours
CPD hours:0.5 hours

Adam Bogdanor

Berwin Leighton Paisner

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