TMEI intends to implement a solvent scheme of arrangement (the
"Scheme") pursuant to Part 26 of the Companies Act 2006 to finalise certain
reinsurance liabilities of TMEI as defined within the Scope of the proposed
Scheme(Scope).
PRO Insurance Solutions Limited ("PRO") is the TMEI run-off manager
for the relevant business and proposed Scheme Manager (Contacts).
If you would like any information concerning your contracts with TMEI
or if you would like to discuss the valuation of your claims in the Scheme,
please contact PRO.
Latest Developments - 28 August 2009
Practice Statement Letter (PSL) The PSL was sent to
all TMEI Scheme Creditors where an address was known to TMEI; advising
policyholders that TMEI propose the Scheme to finalise certain reinsurance
liabilities. A copy of the PSL has also been sent to certain London market
brokers, agents and other intermediaries as well as requesting that they notify
any of their clients that they feel may be affected by the proposed Scheme.
Please refer to the Important Information
page for details.
This page gives details of the proposed Scheme Manager and how to
contact the TMEI Scheme Helpline. If you would like any information concerning your contracts with TMEI
or if you would like to discuss the valuation of your claims in the Scheme,
please contact PRO.
If the Website does not contain particular information you are
looking for, please contact the TMEI Scheme Helpline.
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TMEI according to the Legal Disclaimer. Please read
this disclaimer as well as the Privacy Statement. By
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defined.