Documents for Proposed SchemePLEASE CLICK ON THE LINKS BELOW TO VIEW OR DOWNLOAD THE DOCUMENTS(S) |
Notice of Creditors Meetings and Map Proxy and Voting Form Instructions Proxy Form and Voting Form for Completion by Scheme Creditor |
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).
Whittington is the run- off manager for the relevant business. If you would like any information concerning your CUAL contracts or if you would like to discuss the valuation of your claims in the Scheme, please contact Whittington.
IMPORTANT UPDATE: CREDITORS’ MEETINGS TO BE HELD IN LONDON ON 10 JUNE 2010
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 on 10 June 2010 at the offices of Sidley Austin LLP, Woolgate Exchange, 25 Basinghall Street, London EC2V 5HA, United Kingdom, commencing at 11 am London Time at which time and place all creditors are requested to attend .
Notice of the Creditors’ Meetings will shortly be sent to those known and potential Scheme Creditors for which Whittington has a current address and, additionally, to those existing or successor brokers known by Whittington to have placed business falling within the scope of the Scheme and for which Whittington has a current address. A copy of this Notice is contained in the Documents section below.
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, 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) |
Notice of Creditors Meetings and Map Proxy and Voting Form Instructions Proxy Form and Voting Form for Completion by Scheme Creditor |