Insurance business transfer of Scottish Boatowners' Mutual Insurance Association

NOTICE IS HEREBY GIVEN that on 19 March 2019 SBO and TTI applied to the High Court of Justice of England and Wales pursuant to Section 107(1) of the Financial Services and Markets Act 2000 (‘FSMA’)

No. CR-2018-003733

IN THE HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS

INSOLVENCY AND COMPANIES LIST (CHD)

IN THE MATTER OF PART VII OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

-and-

IN THE MATTER OF THE SCOTTISH BOATOWNERS’ MUTUAL INSURANCE ASSOCIATION (‘SBO’)

-and-

IN THE MATTER OF TT CLUB MUTUAL INSURANCE LIMITED (‘TTI’)

Reed Smith LLP, The Broadgate Tower, 20 Primrose Street, London, EC2A 2RS

Tel: +44 (0)20 3116 3000 Fax: +44 (0)20 3116 3999

Ref: PMT/IH/767268.00019

Solicitors for SBO and TTI

Staff Author

TT Club

Date12/04/2019

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NOTICE IS HEREBY GIVEN that on 27 May 2021 TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV') applied to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA') for:

Download the Sealed Sanction Order in relation to TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV')'s application to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA').

An update, following appeal, concerning the ancient principles of general average (GA).

We are writing to notify you that the hearing to sanction the insurance business transfer scheme (the 'Scheme') providing for the transfer of certain of the insurance and reinsurance business (comprising policies, assets and liabilities) of TT Club Mutual Insurance Limited ('TTI') to UK P&I Club NV ('UKNV') ('Transfer') proposed to be held on Thursday 9 September 2021 has been postponed to Monday 27 September 2021.