PwC called in as insurer declared insolvent
Dan Schwarzmann and Mark Batten from PricewaterhouseCoopers LLP were today appointed joint administrators of Highlands Insurance Company (UK) after the directors concluded that the company was insolvent.
Highlands was established in 1974 and began writing business in 1982. It wrote predominantly London market excess of loss business until it went into run-off in January 1994.
As at 31 December 2005
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