Receiver Asks Delaware Court to Liquidate Life And Health Reinsurer

(July 17, 2023, 1:14 PM EDT) -- WILMINGTON, Del. — As previously signaled, the receiver for Scottish Re (U.S.) Inc. in Rehabilitation (SRUS) on July 14 moved in the Delaware Court of Chancery for entry of a liquidation and injunction order declaring, in part, that the life and health reinsurer “is impaired, insolvent, and in an unsound condition.”...