UK extends wind down general licence for sanctioned insurance company

13 April 2026

UK extends wind down general licence for sanctioned insurance companySvet foto/Shutterstock.com

The UK Office of Financial Sanctions Implementation has extended general licence INT/2026/8893924, which allows for the winding down of insurance policies written by Maritime Mutual and their subsidiaries before their designation – publication notice....

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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