Creditors to get 90p in pound for Anglo-American run-off
One of the highest scheme payment percentages for any insolvent London Market insurance company has been announced by the joint scheme administrators of Anglo American Insurance Company, Tony McMahon and John Wardrop, partners in KPMG Insurance Solutions.
The administrators have increased the scheme payment percentage to all creditors from 85% to 90%. This is the third increase in the scheme payment percentage in the last 18 months and followsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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