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Document 52019XC0619(03)
Winding-Up Proceedings — Decision to start winding-up proceedings in respect of LAMP Insurance Company Limited (Publication made in accordance with Article 280 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II))
Winding-Up Proceedings — Decision to start winding-up proceedings in respect of LAMP Insurance Company Limited (Publication made in accordance with Article 280 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II))
Winding-Up Proceedings — Decision to start winding-up proceedings in respect of LAMP Insurance Company Limited (Publication made in accordance with Article 280 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II))
OJ C 208, 19.6.2019, p. 4–5
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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19.6.2019 |
EN |
Official Journal of the European Union |
C 208/4 |
Winding-Up Proceedings
Decision to start winding-up proceedings in respect of LAMP Insurance Company Limited
(Publication made in accordance with Article 280 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II))
(2019/C 208/04)
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Insurance undertaking |
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Date, entry into force and nature of decision |
On 31 May 2019, the Supreme Court of Gibraltar appointed (with immediate effect) the Official Receiver as liquidator of LAMP Insurance Company Limited under S.160 Insolvency Act 2011. The Official Receiver has appointed Grant Thornton Gibraltar as Adviser and Agent to undertake the liquidation of LAMP Insurance Company Limited. The Liquidator through its agent will coordinate with the Financial Services Compensation Scheme in the United Kingdom to ensure that the claims of eligible UK policyholders are processed and submitted to the Compensation Scheme. The Liquidator through its agent will adjudicate on non UK insurance claims for the admission of such claims in the liquidation estate. Any distribution to insurance creditors may only occur if there has been a successful realisation of assets. Entry into force: 31 May 2019 |
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Competent authorities |
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Supervisory authority |
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Liquidator appointed |
Adviser to the Official Receiver & Agent:
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Applicable law |
Gibraltar law Financial Services (Insurance Companies) (Solvency II Directive) Act 2015 Insolvency Act 2011 Insolvency Rules 2014 Companies Act 2014 |