Petitions to Transfer Business
In the High Court of Justice (Chancery Division)
No. 1473 of 2004
Companies Court
In the Matter of
London & Scottish Assurance Corporation Limited
and in the Matter of
Edinburgh Assurance Company Limited
and in the Matter of
The Indemnity Marine Assurance Company Limited
and in the Matter of
The British & European Reinsurance Company Limited
and in the Matter of
Commercial Union Assurance Company Limited
and in the Matter of
General Accident Fire and Life Assurance Corporation Limited
and in the Matter of
General Accident Reinsurance Company Limited
and in the Matter of
The New Zealand Reinsurance Company (UK) Limited
and in the Matter of
The Road Transport & General Insurance Company Limited
and in the Matter of
The Ulster Marine Insurance Company Limited
and in the Matter of
Scottish Insurance Corporation Limited
and in the Matter of
THE Yorkshire Insurance Company Limited
(together “the Transferors” )
and in the Matter of
THE OCEAN MARINE INSURANCE COMPANY LIMITED
(“Ocean Marine”)
and in the Matter of
the Financial Services and Markets Act 2000
Notice is hereby given that an application (the “ Application ”) for an order sanctioning a general insurance business transfer scheme (the “ Scheme ”) under Part VII of the Financial Services and Markets Act 2000 was on 9th March 2004 presented to the High Court by Ocean Marine. The Scheme provides for the transfer to Ocean Marine of the entire general insurance business of the Transferors. The Scheme excludes a limited number of long term policies written by Yorkshire Insurance Company Limited.
Copies of a summary of the Scheme and a report on the terms of the Scheme prepared by an independent expert are available on Aviva’s website at www.aviva.com/businesstransfer. Copies can also be obtained free of charge from Barlow Lyde & Gilbert (the solicitors acting for the Transferors and Ocean Marine), whose details are given below.
The Application is directed to be heard before the Companies Court Judge at the Royal Courts of Justice, Strand, London WC2A 2LL on 12th May 2004. Any person who believes that he or she would be adversely affected by the carrying out of the Scheme is entitled to be heard (in person or by legal representative) by the High Court at the hearing of the Application. Any person who intends to do so, and any person who dissents from the Scheme but does not intend to appear at the hearing, is requested to notify his or her objections as soon as possible, and in any event before 10th May 2004, to Pollyanna Deane of Barlow Lyde & Gilbert at Beaufort House, 15 St Botolph Street, London EC3A 7NJ or by fax to 00 44 (0)20 7071 9756 or email to minster@blg.co.uk.