Progress with regard to the examination of registered claims Due to the progress made with regard to the examination of registered claims, the liquidator applied to the Princely Court of Justice in Vaduz (Bankruptcy Court) for another continuation of the General Review Hearing. In this context, the liquidator deems that, at the next continuation of […]
Further to our communication concerning the notification of your claim against Gable Insurance AG in bankruptcy we would like to inform you as follows: Policyholders For registering a claim based upon an insurance contract (e.g. premium refund or damage claim) please use the following form: http://gableinsurance.li/file-a-claim/ Please be informed that in the event of a […]
Background On 17 November 2016, Gable Insurance AG (“Gable AG”) (a Liechtenstein insurance company) went into liquidation. This followed a formal order that had been issued to Gable AG on 7 September 2016 by the Liechtenstein Financial Market Authority (“FMA”) to stop writing insurance over concerns with Gable AG’s financial position. Gable AG was also […]
1. In the English version of Memorandum No. 2 we used the term “to settle the claims”. This wording includes the handling of the claims without payment authority. Claims handlers may deal with claims and agree upon them, albeit up to the specific value stipulated in the former contracts with Gable Insurance AG. 2. Insofar […]
In its capacity as the Trustee in Bankruptcy in conjunction with the bankruptcy pro-ceedings brought in respect of the assets of Gable Insurance AG, the law firm BATLINER WANGER BATLINER Rechtsanwälte AG has decided, following con-sultation with the Bankruptcy Court, that up until the opening of the bankruptcy proceedings the existing claims settlement system is […]
What is the legal status of the policyholders? With the opening of bankruptcy proceedings on 17 November 2016, the entitlement to dispose freely of its assets was withdrawn from Gable Insurance AG. The opening of bankruptcy proceedings covers all insurance contracts. All of the rights and obligations of the policyholders of Gable Insurance AG arising […]
Amtsblatt » Kundmachung Anzeige Aktenzeichen bitte immer anführen 05 KO.2016.672 ON 13 KONKURSERÖFFNUNGSEDIKT Über Antrag der PricewaterhouseCoopers AG, Zürich, als Sonderbeauftragte der Gable Insurance AG, Vaduz, wird über das Vermögen der Gable Insurance AG, Bergstrasse 10, 9490 Vaduz FL-0002.161.375-6 mit Beschluss des Fürstlichen Landgerichtes vom 17. November 2016 das Konkursverfahren eröffnet. 1.) Die Rechtswirkungen der Konkurseröffnung […]
PricewaterhouseCoopers AG, Birchstrasse 160, 8050 Zurich, Switzerland, (PwC), which is the appointed Special Administrator for Gable Insurance AG, has submitted an application to the competent Liechtenstein court for the opening of bankruptcy proceedings regarding Gable Insurance AG. It is within the sole discretion of the competent Liechtenstein court if and when bankruptcy proceedings will be […]
On 10 October 2016, the Liechtenstein Financial Market Authority (FMA) appointed PricewaterhouseCoopers AG, Birchstrasse 160, 8050 Zurich, Switzerland, as Special Administrator of Gable Insurance AG. The Special Administrator reviews the financial situation of Gable Insurance AG and protects the interests of the policyholders of Gable Insurance AG. The Special Administrator has all powers to which […]
Gable Insurance AG, Bergstrasse 10, 9490 Vaduz, is a non-life insurance undertaking based in Liechtenstein which is authorised under Annex I to the Directive 2009/138/EC in the classes 1, 2, 3, 7, 8, 9, 10, 15, 16 and 17. On 7 September 2016, the Liechtenstein Financial Market Authority (FMA) issued an order to Gable Insurance […]