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

Inflation cools but escalation in Middle East and Black Sea
UK inflation eased to 2.6% in June, helped by lower transport and fuel costs. Core inflation remained at 2.6%, highlighting persistent underlying pric
Comments on Inflation boost for the new PM
Standard Life and Schroders comment on UK CPI falling from 2.8% to 2.6% in June, providing welcome relief for households and a favourable economic boo
Future beneficiaries banking on ‘essential’ inheritance
43% of people say an inheritance is essential to their financial security, but most (60%) don’t know how much they will get. 20% don’t plan to discuss

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.