OFSI has Amended and Extended the Maritime Mutual Re-Insurance Wind Down General Licence

OFSI published amendments to the Maritime Mutual Re-Insurance Wind Down General Licence (INT/2026/8893924). OFSI amended the licence to introduce a new definition of a "Qualifying Overseas Wind-down Payment" and expand the permissions available under the licence. The General Licence has also been extended by 12 months and now expires on 6 October 2027.