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22/01/25 12:51
Ha respondido al tema Opinión sobre PIAS con FWU Forward a través de OVB
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Acabo de leer que el plan de saneamiento de FWU fracasó, según la comunicación de la CAA de hoy:On 19 July 2024, the Commissariat aux Assurances (the ‘CAA’) was informed by the insuranceundertaking FWU Life Insurance Lux S.A. (the ‘Undertaking’) that it no longer complied with the legalrequirements relating to the coverage of the Minimum Capital Requirement (the ‘MCR’), the SolvencyCapital Requirement (the ‘SCR’) and insurance liabilities by eligible representative assets.As a result, in accordance with Article 124(3) of the amended Law of 7 December 2015 on the insurancesector (the ‘LSA’), the Undertaking was required, as part of a recovery plan, to take the necessarymeasures to reduce, within six months of this finding, i.e. by 19 January 2025 at the latest, the eligibleown funds to at least the level of the SCR or to reduce its risk profile in order to ensure compliance withthe SCR. Insurance liabilities were also to be covered by eligible representative assets, in accordancewith the requirements of article 117 of the LSA, by 19 January 2025 at the latest.In view of a number of uncertainties (see CAA publication dated 30 October 2024), the CAA is not in aposition to conclude on the coverage of the SCR as at the date of this publication.On the date of this publication, the CAA must find that the six-month period granted to the Companyhas not enabled it to re-establish coverage of its insurance liabilities by eligible representative assets.Consequently, the CAA must conclude that the Company's recovery plan has failed.The CAA informs the public that, as of the date of this publication, it has filed a petition for dissolutionand compulsory liquidation against the Company with the District Court of Luxembourg.However, the CAA wishes to emphasise that the failure of the recovery plan has no immediate effect,either on the freezing of the assets representing the technical provisions with the depository institutionsdecided by the CAA, or on the legal procedure for the suspension of payments, in which the Companyhas been since 2 August 2024, and which will remain in force until a court decision.No tengo muy claro qué implica esto, ni cuales son los timings de la disolución.... ni tampoco si puede que FWU busque ser adquirida.