This page provides details regarding the scope of the Scheme, detailing
business covered by the Scheme and the underwriting stamps used by TMEI
in connection with the business the subject of the Scheme. TMEI was known as The
Tokio Marine & Fire Insurance Company (U.K.) Limited until 17 June 2002.
The Scheme applies to certain reinsurance business, namely the Scheme
Reinsurance Contracts written or assumed by TMEI as described in the Scheme.
The business covered by the Scheme will be:
(a) business underwritten by TMEI through underwriting stamp numbers
T0304, T0403 and T0502, (subject to the exception at (a) below in respect of some
T0502 stamps); and
(b) the reinsurance business transferred to TMEI by The Tokio Reinsurance
Company Limited (also known as Tokio Rückversicherungs-Gesellschaft AG
and Tokio Compagnie De Reassurance SA) ("Tokio Re"). The business transferred
consisted of all of the policies entered into by Tokio Re through its UK branch
and all such policies entered into by Tokio Re through its head office in
Switzerland, in both cases, as assumed by TMEI.
The Scheme will not cover:
(a) liabilities arising from facultative Engineering and facultative CAR insurances
or reinsurances with policy reference numbers commencing '3500' written under stamp
(b) liabilities arising from the business assumed by TMEI as a participating
company in the Willis Faber Underwriting Limited ("WFUM") Pools, which is subject to
a separate scheme of arrangement;
(c) liabilities other than in respect of Scheme Reinsurance Contracts;
(d) liabilities in respect of UK compulsory insurance.
If you are uncertain whether your business is included within the Scheme,
please contact the helpline.
Please find below copies of the TMEI underwriting stamps T0304, T0403 and