Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia), in the matter of the Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia) (No 2) [2020] FCA 1266

FEDERAL COURT OF AUSTRALIA

Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia), in the matter of the Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia) (No 2) [2020] FCA 1266 File numbers: NSD 422 of 2020 NSD 423 of 2020

Judge: ALLSOP CJ

Date of judgment: 29 June 2020

Date of publication of reasons: 4 September 2020

Catchwords: INSURANCE – application for confirmation of scheme for transfer of insurance business pursuant to s 17F of the Insurance Act 1973 (Cth) – where evidence dealing with compliance with dispensation orders contained minor inadequacies – scheme confirmed without modification

Legislation: Insurance Act 1973 (Cth), ss 17B, 17C, 17E, 17F

Cases cited: Atradius Credit Insurance N.V., in the matter of Atradius Credit Insurance N.V. (No 2) [2016] FCA 1495 Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia), in the matter of the Australian Branch of Great Lakes Insurance SE (trading as Great Lakes Australia) [2020] FCA 629 AXIS Speciality Europe SE (Australia Branch), in the matter of AXIS Speciality Europe SE (Australia Branch) (No 2) [2017] FCA 276 In the matter of Reward Insurance Ltd [2004] FCA 151 Re Insurance Australia Ltd [2004] FCA 524; 139 FCR 450 Re MDU Australian Insurance Co Pty Ltd [2008] FCA 490 Re Westport Insurance Corporation (No 2) [2009] FCA 1598; 181 FCR 530 Swiss Reinsurance Company Ltd, in the matter of the application by Swiss Reinsurance Company Ltd (No 2) [2019] FCA 2042 W.R. Berkley Insurance (Europe) Limited, in the matter of Division 3A of Part III of the Insurance Act (1973) (No 3) [2016] FCA 1497