Providers Re SPC: CI$16.9K Fine

    Public Notice by the Cayman Islands Monetary Authority that it has imposed a fine of CI$16,950 on Providers Re SPC for “Failure of a Class B Insurer that is established as a segregated portfolio company under Part XIV of the Companies Act (as revised) to maintain the prescribed margin of solvency in respect of each segregated portfolio”.


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    Cayman Islands Monetary Authority
    May 06, 2022
    Providers Re SPC