The Hungarian Central Bank announces compulsory liquidation of and appointment of a liquidator for an insurance company

On 18 March 2014, the Hungarian Central Bank announced that, on the request of the bank, the supervisory authority the Metropolitan Tribunal ordered the compulsory liquidation of the insurance company AIM A´ltalános Biztositó Zrt.. Hitelintézeti Felszámoló Nonprofit Kft has been appointed Liquidator of the company.

The Hungarian Central Bank has announced the above resolutions on the basis of the Directive on the reorganization and winding up of insurance undertakings.

This public notice by the Finnish Financial Supervisory Authority is based on section 15a of the Act on Foreign Insurance Companies (398/1995), as amended by Act 525/2008, and section 15b, as amended by Act 331/2004.