Canada - English

Chancellor Reinsurance Company of Canada 

 

On July 5, 1995, the Supreme Court of British Columbia appointed KPMG Inc. as the Liquidator of Chancellor Reinsurance Company of Canada ("Chancellor") pursuant to sections 385 to 398 of the Insurance Companies Act S.C.1991, C.47.

 

On April 23, 2012, a further order was made in the Proceedings by the Supreme Court of British Columbia (the "Claims Process Order") under the Insurance Companies Act establishing the procedure pursuant to which creditors may prove their claims, if any, against Chancellor.

 

Any creditor that wishes to prove their claim against Chancellor and receive any distribution must complete and return a Proof of Claim to the Liquidator, KPMG Inc., by no later than 5:00 p.m. (PDT) on June 29, 2012 (the "Claims Bar Date").

 

The failure by a creditor to properly complete and return a Proof of Claim in the form attached by the Claims Bar Date will result in its claim being extinguished without any entitlement to receive a distribution or any other form of compensation.

 

A copy of the Creditor Claims Package, including a Letter to Creditors dated April 30, 2012, the Claims Process Order pronounced April 23, 2012, the Notice to Creditors, the Proof of Claim form and instructions as to how to complete the Proof of Claim form, are available via the links below. Any questions may be directed to Jennifer Kwok on (604) 691-3260 or by email at jgkwok@kpmg.ca.

 

Creditor Claims Package Documents

 

Click here to view the Letter to Creditors dated April 30, 2012 [PDF 591KB]
Click here to view the Claims Process Order pronounced April 23, 2012 [PDF 1.39MB]
Click here to view the Notice to Creditors [PDF 17KB]
Click here to view the Proof of Claim form [PDF 15KB]
Click here to view the Instructions as to how to complete the Proof of Claim form [PDF 33KB]