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Questions and answers

These were prepared to assist policyholder in coming to their decision about the Aviva offer to buy out policyholders interest in the inherited estates of CGNU and CULAC. The reattribution was approved in the High Court on 19 September 2009 (see ‘News & Articles')

20) Why have Aviva appointed Nick Dumbreck as an Independent expert?

Aviva has appointed Nick Dumbreck, a consulting actuary at Milliman, as an Independent Expert. His role is to safeguard the interests of policyholders by examining in great detail the formal proposals put forward for the fund transfer and reattribution. He has prepared an in depth report defining how the benefits and security of the policyholders will be safeguarded, and submit this to the High Court for its consideration.