Section 376(10)

The court may, on the application of an official, appoint an independent actuary to investigate the insurer’s business so far as it consists of carrying out its contracts of long-term insurance and to report to the official— on the desirability or otherwise of that part of the insurer’s business being continued; and on any reduction in the contracts of long-term insurance effected by the insurer that may be necessary for successful continuation of that part of the insurer’s business.

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Source: legislation.gov.uk · retrieved 2026-09-04