Persons entitled
- Equitas Policyholders Trustee Limited (As Trustee Under a Declaration of Trust Dated 3RDSEPTEMBER 1996)
Amount secured
In favour of the chargee all moneys and liabilities (including contingent liabilities) whatsoever which may be due, owing or payable by any name (as defined) or closed year name (as defined) under any contract of insurance or reinsurance which has been reinsured by equitas reinsurance limited under the terms of the reinsurance and run-off contract
Short particulars
All the right, title, benefit and interest which the company has or may have against equitas reinsurance limited in relation to: (a) the performance of the obligations of equitas reinsurance limited to reinsure the 1992 and prior business subject to and in accordance with the terms of clause 3 of the reinsurance and run-off contract, including without limitation: (1) any right to receive damages for breach of that obligation; (see ch microfiche for details).