Tuesday 19 November 2019
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Notice of transfer of general insurance business

Description

In the Matter of EC insurance company limited ("ECICL") First Representor and Markel International Insurance Company Limited I("Markel")  Second Representor.

This Notice is hereby given pursuant to paragraph 4(a) of Schedule 2 to the Insurance Business (Jersey) Law 1996 that: 

  1. on 25 October 2019 the Representors together issued a Representation seeking an Order of the Royal Court of Jersey sanctioning a scheme (the "Scheme") under which the entire book of business written and/or assumed by or on behalf of the First Representor in Jersey is to be transferred to the Second Representor. 
  2. the Representors have made copies of: 

(a) the said Representation;

(b) the report of an independent actuary (the "Report");

(c) a statement setting out the terms of the Scheme (the "Scheme Summary"); and

(d) a summary of the Report (the "Summary Report"),

available for inspection at all reasonable times at the offices of Bedell Cristin at the address below up to the date on which the Royal Court sanctions the Scheme. Alternatively, copies of the documents can be obtained by requesting them by telephone at 0800 668 1425 or in writing at 20 Fenchurch Street, London, EC3M 3AZ. The Report, the Scheme Summary and the Summary Report will also be available on the website of the Second Representor, www.markelinternational.com/eciclpartvii .

Dated this 8 November 2019

Bedell Cristin

Advocates for the Representors

Address for inspection of or from which to request copies of documents:

Bedell Cristin, 26 New Street, St Helier, Jersey, JE2 3RA

 

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