Insurance Insolvencies

Below is a list of all the insurance insolvencies currently involving the FSCS. If you have an inquiry or claim relating to any of the firms listed, please contact the relevant Insolvency Practitioner (for example PricewaterhouseCoopers or KPMG).


General insurer defaults

Company Date

AA Mutual International Insurance Services Ltd


Alpha Insurance A/S


Andrew Weir Insurance Company Ltd 12/11/1992
Anglo American Insurance Company Ltd 10/03/1997
BAI Ltd (Builders Accident) 30/07/1998
Balva AAS Insurance  04/07/2014
Bermuda Fire and Marine Insurance Company Ltd 16/12/1994
Black Sea and Baltic General Insurance Company Ltd 24/08/1998
Bryanston Insurance Company Ltd 23/03/1992
Chester Street Insurance Holdings Ltd 09/01/2001
Continental Assurance Company of London plc 27/03/1992
Cotton Trades N/A
Drake Insurance plc 11/05/2000
English and American Insurance Company Ltd 19/03/1993
Enterprise Insurance Company PLC  28/07/2016
Eurolife Assurance (International)Ltd 24/04/2009
European Risk Insurance Company hf. 28/04/2014
Gable Insurance AG 22/11/2016
Highlands Insurance Company (UK) Ltd 01/11/2007
HIH Casualty and General Insurance Company Ltd 16/03/2001
Independent Insurance Company Ltd 18/06/2001
KWELM Group of Companies 17/11/1993
Lemma Europe Insurance Company Limited  05/10/2012
Marina Mutual Insurance Association Ltd 14/11/1997
Millburn Insurance Company Ltd 11/12/2013
Municipal General Insurance Ltd 09/03/1994
North Atlantic Insurance Company Ltd 06/03/1997
OIC Run Off Ltd / London and Overseas 21/10/1994
Pacific and General Insurance Company Ltd 15/11/1985
Paramount Insurance Company Ltd 24/06/1996
Scan Re Insurance Company Ltd 10/03/1994
Sovereign Marine and General Insurance Company Ltd 11/07/1997
The Aldgate Insurance Company Ltd 12/11/2009
The Exchange Insurance Company Ltd 06/10/2010
Trinity Insurance Company Ltd 23/03/1992
UIC Insurance Company Ltd 12/08/1996


Life Assurance Defaults

Company Date
Oaklife Assurance Company Ltd 14/09/1993
Underwriters National Assurance Company 12/09/1980


The Financial Conduct Authority website includes a searchable database of all firms authorised and regulated by the FCA and the Prudential Regulation Authority (PRA).


The Financial Ombudsman Service is the official independent expert in settling complaints between consumers and financial businesses

Jargon Buster


having insufficient assets to meet due debts or liabilities.


An organisation with no stockholders. Profit, losses and expenses are shared by members.