The list of potential creditors of Societatea de Asigurare-Reasigurare Astra S.A.

With regard to provisions of art. 23 para. (3) of Law no. 503/2004 regarding the financial recovery, bankruptcy, dissolution and voluntary liquidation in insurance activity, republished, with subsequent amendments, corroborated with art. 18 para. (5) and (6) of F.S.A. Norm no. 16/2015 regarding the Policyholder Guarantee Fund, the Fund publishes the list of potential creditors of Societatea de Asigurare Reasigurare Astra S.A. who can benefit from compensation/indemnities from the available assets of the Fund, as they resulted from the evidences handed over by Societatea de Asigurare Reasigurare Astra S.A., in compliance with art. 23 para. (1) of Law no. 503/2004, republished, with subsequent amendment, corroborated with art. 18 para. (1) of F.S.A. Norm no. 16/2015 regarding the Policyholder Guarantee Fund.

The list shall be updated periodically, as evidences taken over from Societatea de Asigurare Reasigurare Astra S.A. are processed by the Policyholder Guarantee Fund, in compliance with art. 18 para. (5) and (6) of F.S.A. Norm no. 16/2015 regarding the Policyholder Guarantee Fund.

Following the register, analysis of the payment requests and supporting documentation and endorsement of loss files by the specialized offices within the Guarantee Fund, the list of insurance creditors shall be drafted, list that shall be presented for approval to the Special Commission established with specialists within the Guarantee Fund, in compliance with art. 23 para. (2) of Law no. 503/2004, republished, with subsequent amendments. Following the approval of the lists of insurance creditors by the Special Commission, and only after the Court decision to open the bankruptcy proceedings becomes final and binding, the Guarantee Fund is entitled to make payments for sums due to insurance creditors.

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