SECRETARY OF STATE FOR TRADE AND INDUSTRY V GREAT WESTERN ASSURANCE COMPANY SA LOXLEY HOUSE (LONDON) LTD D & L UNDERWRITING AGENCIES LTD ANGLO-PACIFIC CONSULTANTS (LONDON) LTD NORFOLK UNDERWRITING AGENCIES LTD PARAMOUNT REINSURANCE LTD

(1997) 6 Re LR 197

Court of Appeal

Before Lord Woolf MR, Lord Justice Hobhouse and Lord Justice Morritt

Insurance regulation - Authorisation - Offshore companies - Acting through brokers in United Kingdom - Scope and purpose of Insurance Companies Act 1982 sect 2(1) - Whether offshore companies and United Kingdom companies were “carrying on any insurance business in United Kingdom” - Whether judge erred in excluding from consideration activities which he did not regard as being evidence of brokers acting on behalf of UK companies - Whether sect 74(2) and regulations made thereunder only applied to intermediaries - Whether just and equitable to make winding up order.