"Ruxley closes APH book: A London run-off firm has successfully closed an asbestos, pollution and health (APH) book with outstanding claims valued at $22.7m within 12 months"

February 2-3, 2006

Lexis Nexis

Mealey's Solvent Schemes of Arrangement Conference

Get involved... protect your position... learn the rules... or your client could lose irreplaceable coverage.

Archived Press Coverage

Ruxley in the press

British insurance companies using solvent schemes have been able to come to a court arranged settlement with their creditors (i.e., U.S. policyholders), that allows them to set an estimation of current and future long-tail claims like asbestos or pollution, and make a fi nal payout. Such an arrangement gives cedants and reinsurers a means of putting an end to claims that theoretically could go on forever. However, what if the settlement is not suffi cient to take care of future unreserved claims? There are more solvent schemes in the market now than ever before. Mealey's Solvent Schemes of Arrangement Conference delves into the details of this rapidly escalating fi eld of litigation and provides you with the factual information, case history, and legal strategies you need to protect the interests of your clients or company. At this comprehensive conference and networking event we'll cover this complex topic from A to Z. You'll hear panel discussions involving both scheme advisors and policyholders... you'll learn the impact of a Section 304 ruling... and receive practical tips to help fortify your cases.

Expert faculty members will lead sessions on ...

Current insurers and companies using solvent schemes
Processes within solvent schemes... claim adjudication... the sanction process.
Notice requirements and voting requirements
Scheme claim estimation and methodology
Recent rulings and the future of solvent schemes

We'll examine a real life solvent scheme case study – British Aviation Insurance Co. - the fi rst ever challenged in the U.K. courts. We'll cover the BAIC case from start to fi nish, including the voting process... the sanction hearing... and Judge Lewison's decision, and the appeal. You'll come away from this conference with the ability to handle solvent scheme case work with confi dence - from either the carrier or policyholder perspective. And you'll have the tools you need to win.

Phone: 1-800-MEALEYS or (610) 768-7800 at this program. International professional development credit (CPD)
Fax: (610) 768-0303
Mail: P.O. Box 62090, King of Prussia
PA 19406-0230, USA

E-mail: click here
Online: www.mealeys.com