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F&G UK UNDERWRITERS LIMITED

Company number 03100830

Charge dated 1ST january 2004 in the terms of the lloyd's kentucky trust deed (the "trust deed") but effective from 1ST january 2004 itself constituted by an instrument dated 2ND january 2003 (as amended and supplemented from time to time) and as supplemented by a deed of accession

Created
1 January 2004
Delivered
20 January 2004
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • The American Trustee, All Policy Holders and Certain Other Persons or Bodies(As Further Defined on Form M395)

Amount secured

The payment of losses (including claims for the return of unearned premium) under contracts or policies of insurance incepting on or after 1ST january 1996 underwritten by the company as a member of syndicate no.5000 (The "syndicate") and allocable to the relevant year of account or in respect of which the company is liable as a member of the syndicate for the relevant year of account for an earlier year of account pursuant to any contract of reinsurance to close and issued to a policyholder pursuant to the insurance laws of the commonwealth of kentucky providing insurance with respect to property or risks situated in said commonwealth (a "kentucky policy"), all expenditures and fees of the trustee (as defined in the trust deed and being, as at the date thereof, national city bank, kentucky, U.S.A.), repayment of cash or securities advanced by the trustee to the trust held under the provisions of the trust deed, and certain transfers by the trustee to an overseas fund (as defined in the trust deed) or to the commissioner of insurance of the commonwealth of kentucky or other designated receiver, and for securing the other amounts and obligations referred to in the trust deed

Short particulars

All premiums and other moneys payable during the trust term to or for the account of the company in connection with the american business, all other assets from time to time transferred to the american trustee (as defined in the trust deed and being, as at the date thereof, citibank N.A. of 111 wall street, new york, usa) to be held by it as part of the property held in trust under the trust deed, and all income arising from the above premiums, moneys and assets, and other property referred to in the trust deed.