Alpha Insurance A/S placed in solvent liquidation

Effective immediately, Alpha Insurance A/S has ceased all underwriting, including renewals. This decision is a direct consequence of CBL Insurance Limited, one of Alpha Insurance’s largest reinsurers, having had their A.M.Best “A-“ rating suspended and has been placed into interim liquidation. As such, the Board of Directors of Alpha Insurance A/S decided on Saturday, March 3rd, to cease all underwriting of new business as well as renewals with immediate effect. On Sunday, March 4th, the General Assembly of Alpha Insurance A/S decided to place the company into solvent liquidation. This means that Alpha Insurance A/S as from this date will be in run-off. The company is solvent, and we therefore expect that all present and future obligations will be honored. Claims will be paid and all policies in force will remain so until their contractual expiry. We can confirm that Alpha Insurance continues to operate and all policies in force will be served as has been the case up to today.

For further enquires please contact the liquidators:

 

Attorney Bjarke Sanbeck

Mazanti-Andersen, Korsø Jensen

Amaliegade 10

1256 København K

E-mail: bsa@mazanti.dk

Attorney Boris Frederiksen

Kammeradvokaten/Poul Schmith

Vester Farimagsgade 23

1606 København V

E-mail: bor@kammeradvokaten.dk

 

Alpha Insurance A/S er trådt i solvent likvidation

Alpha Insurance A/S er ophørt med at tegne forsikringer, herunder at foretage fornyelser af eksisterende forsikringer. Beslutningen er en direkte konsekvens af at en af selskabets primære genforsikringsselskaber, CBL Insurance Limited, fornylig fik deres A-rating suspenderet og efterfølgende trådte i ”interim liquidation” (”betalingsstandsning”). Som følge heraf besluttede bestyrelsen i Alpha Insurance A/S lørdag den 3. marts 2018 øjeblikkeligt at stoppe al nytegning af forsikringer. Søndag den 4. marts 2018 besluttede generalforsamlingen i Alpha Insurance A/S at lade selskabet træde i solvent likvidation. Dette betyder at selskabet og dets aktiviteter nu er under afvikling. Selskabet er på nuværende tidspunkt solvent, og vil derfor honorere alle krav. Udbetalinger på skader vil fortsat blive gennemført og forsikringsaftaler bliver opretholdt. Selskabet kan kontaktes på sædvanlig vis og vil fungere som hidtil.

Øvrige henvendelser skal ske til likvidatorerne:

 

Advokat Bjarke Sanbeck

Mazanti-Andersen, Korsø Jensen

Amaliegade 10

1256 København K

E-mail: bsa@mazanti.dk

Advokat Boris Frederiksen

Kammeradvokaten/Advokatfirmaet Poul Schmith

Vester Farimagsgade 23

1606 København V

E-mail: bor@kammeradvokaten.dk

 

Finanstilsynet

Alpha Group · Harbour House, Sundkrogsgade 21, DK-2100 Copenhagen, Denmark · Tel +45 7025 2595 · info@alphagroup.dk