QBE Insurance (Australia) Limited, in the matter of QBE Insurance (Australia) Limited (No 2) [2012] FCA 1172

FEDERAL COURT OF AUSTRALIA

QBE Insurance (Australia) Limited, in the matter of QBE Insurance (Australia) Limited (No 2) [2012] FCA 1172 Citation: QBE Insurance (Australia) Limited, in the matter of QBE Insurance (Australia) Limited (No 2) [2012] FCA 1172

Parties: QBE INSURANCE (AUSTRALIA) LIMITED (ACN 003 191 035)

File number: NSD 1056 of 2012

Judge: YATES J

Date of judgment: 19 October 2012

Catchwords: INSURANCE – general insurance – transfer of general insurance business from one insurer to another – application for confirmation of scheme – transferor and transferee within same corporate group – order for transfer of reinsurance contracts

Legislation: Insurance Act 1973 (Cth) Pt III Div 3A

Cases cited: American Home Assurance Company, in the matter of American Home Assurance Company (No 2) [2011] FCA 316 Colonial Portfolio Services Ltd v Australian Prudential Regulation Authority (2000) 11 ANZ Insurance Cases ¶90-103 HDI-Gerling Australia Insurance Company Pty Limited, in the matter of HDI-Gerling Australia Insurance Company Pty Limited (ABN 16 069 085 196) (No 2) [2010] FCA 669 In the Application of Budget Insurance Company Limited and Auto & General Insurance Company Limited [2008] FCA 636 In the Application of Commonwealth Insurance Holdings Ltd and The Colonial Mutual Life Assurance Society Ltd [2007] FCA 1012 QBE Insurance Australia Limited, in the matter of QBE Insurance Australia Limited [2012] FCA 1127 Re Armstrong Jones Life Assurance Limited (1997) 74 FCR 160 Re Insurance Australia Ltd (2004) 139 FCR 450 Re Royal & Sun Alliance Life Assurance Ltd (2000) 104 FCR 37 Re Westport Insurance Corporation (No 2) (2010) 181 FCR 530 SCOR Switzerland Ltd (ACN 098 315 176), in the matter of SCOR Switzerland Ltd (ACN 098 315 176) [2009] FCA 1114