Effective 5 January 2022, Teneo, the global CEO advisory firm, acquired KPMG’s Cayman and British Virgin Islands ("BVI") restructuring business. As a result of the acquisition, the JOLs and their team are now part of Teneo and will continue to administer the liquidation of Premier Assurance Group SPC Ltd. For more information about Teneo, please visit www.teneo.com.

The JOLs have retained all records associated with the liquidation of Premier Assurance Group SPC Ltd and as such there is no requirement for creditors to resubmit information or claim sent to the JOLs prior to January 5, 2022.

Queries relating to the liquidation should be directed to the JOLs’ new dedicated mailbox: pag-info@teneo.com. The JOLs have access to all previous emails sent to or from the JOLs’ former mailbox.

Jeffrey Stower and Jason Robinson of Teneo in the Cayman Islands are appointed Joint Official Liquidators of the Company and its segregated portfolios.

Premier Assurance Group SPC Ltd (in Official Liquidation) (the “Company”) that has two segregated portfolios: (i) Premier Assurance Segregated Portfolio (“PASP”) and (ii) Global Assurance Segregated Portfolio (“GASP”) (together the “Segregated Portfolios”).

On 14 September 2020, Jeffrey Stower and Jason Robinson, both of Teneo, were appointed as joint controllers (the “Joint Controllers”) of the Company by the Cayman Islands Monetary Authority (the "Regulator") pursuant to a notice issued under section 24(2)(h) of the Cayman Islands Insurance Law, 2010. Subsequently, on 27 October 2020, Jeffrey Stower and Jason Robinson were appointed as joint provisional liquidators (the “JPLs”) of the Company by the Grand Court of the Cayman Islands (the “Grand Court”) pursuant to section 104(3) of the Companies Act (2021 Revision).

On 19 April 2021, Jeffrey Stower and Jason Robinson were appointed as joint official liquidators (the “JOLs”) of the Company the Grand Court pursuant to section 105(2) of the Companies Act (2021 Revision).

Unit Linked Life insurance policies were insured by PASP.

Health insurance coverage was offered by GASP.

Please refer to the FAQs below.

Any written enquiries to the JOLs should be sent to pag-info@teneo.com.

Copies of all notices and communications authorised by Teneo will be posted to this website.