Winding-up proceedings — Decision to open winding-up proceedings in respect of FARO — Compagnia di Assicurazioni e Riassicurazioni SpA (Publication in accordance with Article 6 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings)
Date: 2011-03-29
Institutions: The Member States
Subjects: Italy, exchange of information, insurance company, liquidation








C_2011096EN.01000601.xml










29.3.2011   


EN


Official Journal of the European Union


C 96/6





Winding-up proceedings
Decision to open winding-up proceedings in respect of FARO — Compagnia di Assicurazioni e Riassicurazioni SpA
(Publication in accordance with Article 6 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings)
2011/C 96/05






Insurance undertaking







FARO — Compagnia di Assicurazioni e Riassicurazioni SpA




Viale Parioli 1/3




00197 Roma RM




ITALIA








Date, entry into force and nature of the decision


Decree of the Ministry of Economic Development of 21 January 2011: Dissolution of the administrative and supervisory bodies of FARO — Compagnia di Assicurazioni e Riassicurazioni SpA and the placing of the enterprise into receivership for a period of one year from the date of issue of the Decree, pursuant to Article 231 of Legislative Decree No 209 of 7 September 2005.
ISVAP measure No 2871 of 24 January 2011: Appointment of the bodies for the receivership procedure pursuant to Article 233 of Legislative Decree No 209 of 7 September 2005.




Competent authorities







Ministry of Economic Development




Via Veneto 33




00187 Roma RM




ITALIA









ISVAP




Via del Quirinale 21




00187 Roma RM




ITALIA








Supervisory authority







ISVAP




Via del Quirinale 21




00187 Roma RM




ITALIA








Receiver appointed







Giovanni De Marco




Viale Parioli 1/3




00197 Roma RM




ITALIA








Supervisory committee appointed







Andrea Grosso, lawyer




Viale Parioli 1/3




00197 Roma RM




ITALIA









Alberto De Nigro




Viale Parioli 1/3




00197 Roma RM




ITALIA









Riccardo Szemere, lawyer




Viale Parioli 1/3




00197 Roma RM




ITALIA








Applicable law


The law of Italy
Articles 231 and 233 of Legislative Decree No 209/2005




Pursuant to Article 231 of Legislative Decree No 209 of 7 September 2005, the Decree of the Ministry of Economic Development of 21 January 2011 provides for the dissolution of the administrative and supervisory bodies of FARO — Compagnia di Assicurazioni e Riassicurazioni SpA and the placing of the company into receivership for a period of one year from the date of issue of the Decree.
Pursuant to Article 233 of Legislative Decree No 209 of 7 September 2005, ISVAP measure No 2871 of 24 January 2011 provides for the appointment of Giovanni De Marco as receiver for FARO — Compagnia di Assicurazioni e Riassicurazioni SpA, and of Andrea Grosso, lawyer, Alberto De Nigro and Riccardo Szemere, lawyer, as members of the supervisory committee of FARO — Compagnia di Assicurazioni e Riassicurazioni SpA Mr Andrea Grosso, lawyer, was appointed chairman of the committee.