Documents for Proposed SchemePLEASE CLICK ON THE LINKS BELOW TO VIEW OR DOWNLOAD THE DOCUMENTS(S) |
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Welcome to the CUAL Schemes website which is designed to provide assistance in connection with the Scheme referred to below. This website is provided by Whittington Insurance Services Limited ("Whittington") on behalf of the Scheme Companies (see below).
Important Update:
On 17 December 2009, Mr Justice Kitchin gave each of the Scheme Companies (see below), permission to convene two meetings of its Scheme Creditors (as defined in the proposed Scheme):
(A) one meeting of its Scheme Creditors in relation to IBNR Claims (being losses which have been incurred by a Scheme Creditor, but not notified to it, for which it asserts that an amount will become due for payment to it by the Scheme Company as a Scheme Claim); and
(B) one meeting of its Scheme Creditors in relation to their Scheme Claims other than IBNR Claims.
The Creditors' Meetings referred to above are, in each case, to be held in London on 31 March 2010 (or on such a date as the Scheme Companies may select within the period of 6 months after 31 March 2010). A copy of the Order made by Mr Justice Kitchin on 17 December 2009 is contained in the Documents section below to which copies of the Explanatory Statement, Scheme, Notice of the Creditors’ Meetings and Voting and Proxy Form have also been added.
Please Check this site for further updates. Meanwhile, please contact Whittington in accordance with the contact details below if you have any queries.
Background:
Allianz Global Corporate & Specialty (France) (formerly known as Allianz Marine & Aviation (France), AGF Marine Aviation Transport and Compagnie d'Assurances Maritimes Aeriennes et Terrestres ("CAMAT")), Allianz IARD., Delvag Luftfahrt Versicherungs-AG and Nürnberger Allgemeine Versicherungs-AG, (each a "Scheme Company" and together the "Scheme Companies") each intends to propose a solvent scheme of arrangement pursuant to Part 26 of the Companies Act 2006. The schemes are collectively referred to as the "Scheme".
The aim of the Scheme is to finalise the run-off of the Scheme Companies' involvement in the business underwritten for them by Camomile Underwriting Agencies Limited ("CUAL"), (collectively known as CUAL business).
The Scheme does not include any non-CUAL business nor, for the avoidance of doubt, any business underwritten for Sovereign Marine & General Insurance Company Limited whether for the business they underwrote through CUAL or otherwise.
Further information regarding the Scheme is available below.
You can contact the Scheme Companies c/o Whittington by one of the following methods:
Phone: +44 (0) 207 743 0903
Email: CUAL-Scheme@Whittingtoninsurance.com
Fax: +44 (0)207 743 0901 marked for the attention of The CUAL Account Manager
Post: Whittington Insurance Services Limited
33 Creechurch Lane
London EC3A 5EB, marked for the attention of The CUAL Account Manager
Please read theTerms and Conditions by clicking on the appropriate button at the bottom of this page.
Documents for Proposed SchemePLEASE CLICK ON THE LINKS BELOW TO VIEW OR DOWNLOAD THE DOCUMENTS(S) |
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