Court of Appeal overturns refusal to approve Prudential insurance business transfer to Rothesay Life | Practical Law

Court of Appeal overturns refusal to approve Prudential insurance business transfer to Rothesay Life | Practical Law

In this article, Herbert Smith Freehills discuss the Court of Appeal's judgment in Re Prudential Assurance Company Ltd and Rothesay Life plc (Part VII of the Financial Services and Markets Act 2000) [2020] EWCA Civ 1626 and its implications for insurance business transfers (IBTs) under Part VII of the Financial Services and Markets Act 2000 (FSMA).

Court of Appeal overturns refusal to approve Prudential insurance business transfer to Rothesay Life

by Geoffrey Maddock, Partner, Barnaby Hinnigan, Partner, Alison Matthews, Consultant and Grant Murtagh, Of Counsel, Herbert Smith Freehills LLP
Law stated as at 09 Dec 2020 • United Kingdom
In this article, Herbert Smith Freehills discuss the Court of Appeal's judgment in Re Prudential Assurance Company Ltd and Rothesay Life plc (Part VII of the Financial Services and Markets Act 2000) [2020] EWCA Civ 1626 and its implications for insurance business transfers (IBTs) under Part VII of the Financial Services and Markets Act 2000 (FSMA).