Investment - Articles - LAMP Insurance Company Limited applies for liquidation


LAMP is an insurance firm authorised and regulated by the Gibraltar Financial Services Commission (GFSC). It operates in the UK on a freedom of services basis which means that some customers, based in the UK, may have a policy with the firm.

 LAMP has submitted an application to the Supreme Court of Gibraltar to appoint the Official Receiver and place LAMP into liquidation. The hearing date is set for 31 May 2019.

 As lead regulator, GFSC has confirmed insurance policies are still valid, but any claims arising under these policies will not be paid at this time. Further details can be found on the GFSC website (link is external) and the Financial Services Compensation Scheme website (link is external).

 Policyholders wishing to discuss the matter further should contact their broker in the first instance.

Back to Index


Similar News to this Story

Budget claims hit pound and markets slip on feared Fed pause
Budget rumours have hit the pound on concern of a funding shortfall. Fed banking chief casts doubt on December rate cut, causing a global stock market
Income tax retreat raises big questions ahead of Budget
WTW, Rathbones and Hargreaves Lansdown comment as Labour is reported to have ditched their plans to increase income taxes. This would be a meaningful
FTSE dips and Wall Street rips as UK GDP disappoints
FTSE 100 dips after poor UK GDP print. RICS survey shows subdued housing market. Persimmon on track for 2025 guidance. US futures up as Washington re-

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.