Singapore-based insurer completes solvent scheme transfer
Whittington has announced the completion of a Solvent Scheme of Arrangement for a Singapore-based insurer Lion City Run-Off (formerly the Offshore Insurance Fund business of The Insurance Corporation of Singapore).
The Scheme was sanctioned in April 2006 after approvals from the Courts in England and Singapore. The scheme was successfully completed within 13 months of getting these approvals.
Whittington bought
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