Tag: Bupa

Interesting – MFSA and Christopher Buttigieg taken to court by Maltese insurance firm!

Court Cases tamir - May 3, 2022

LifeStar Insurance, a MFSA-licensed Maltese insurance firm, has filed court proceedings against its regulator MFSA and one of its top officials. Paolo Catalfamo, the majority shareholder of LifeStar Insurance, formerly Global Capital, has taken MFSA to court, claiming “arbitrary and capricious treatment” and accused the regulator's Chief Office Supervision, Christopher Buttigieg, of pressuring him to sell his company to a competitor. LifeStar Insurance initiated judicial proceedings against the regulator, alleging undue interference.

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