Petition for Court Supervision of a Voluntary Liquidation in the matter of Green Oak Re, SPC (in Voluntary Liquidation) at the Grand Court of the Cayman Islands.
The Cayman Islands Monetary Authority has revoked the insurance licenses of Atlas Re SPC and Intrepid Re SPC, which are both managed by USA Risk Group (Cayman) Ltd., for suspected insolvency and breaches of the jurisdiction's Insurance Law.