Blue Swan Insurance (Jersey) Limited (2006-05-31)

Summary

This is a public statement issued by the Jersey Financial Services Commission under Article 43(2) of the Insurance Business (Jersey) Law 1996, updating the status of Blue Swan Insurance (Jersey) Limited following two earlier public statements in 2006. It confirms the company has been formally wound up by the Royal Court and warns the public against dealing with it as unauthorised insurance business.

• Court approval: The Royal Court approved the company's winding up petition on 28 April 2006 and appointed Ernst & Young as liquidator.
• Contact for claims: Policyholders and other creditors with claims against the company are advised to contact the liquidator, Ernst & Young LLP, at its Jersey address.
• Background: The statement references prior public statements of 6 February 2006 and 7 April 2006, which had advised of the company's closure to new business and its intention to seek Court approval for winding up.

The notice is purely informational, serving to warn the public and update existing policyholders; it does not impose ongoing regulatory obligations on other licensees or entities.

Key obligations

• Policyholders and creditors with claims against Blue Swan Insurance (Jersey) Limited should contact the appointed liquidator, Ernst & Young LLP, directly at its Jersey address to pursue their claims.