Companies in receivership and liquidation

Update on Western Pacific Insurance Limited

On 1 April 2011, the Shareholders by Special Resolution appointed David Ian Ruscoe and Simon John Thorn, of Grant Thornton New Zealand Limited, as Joint and Several Liquidators of Western Pacific Insurance Limited.

All policies/contracts of insurance issued by the company were cancelled effective 21 April 2011. Accordingly, all policy holders are advised to arrange alternative cover where possible and act as prudent uninsured in the event alternate insurance cannot be secured.

The Liquidators are working towards recovery of reinsurance proceeds expected to be in excess of $34m in respect of losses resulting from the Canterbury earthquakes on 4 September 2010 and 22 February 2011.

On 3 November 2011 the directions hearing to determine who has rights to the reinsurance was held in the High Court. A copy of the judgment is included in the Report to Creditors of Western Pacific Insurance Limited 21 December 2011.

For further information on the status of the liquidation, please refer to the reports issued by the Liquidators, available below.

If you are owed money by Western Pacific Insurance Limited, click here [ 55 kb ] for a copy of the Claims form for unsecured creditors.

We will report to creditors again in two months' time.

Report to Creditors of Western Pacific Insurance Limited dated 31 August 2017 [ 325 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 30 June 2017 [ 202 kb ]

Thirteenth Statutory report on Western Pacific Insurance Limited dated 28 April 2017 [ 381 kb ]

Report to Creditors of Western Pacific Insurance Limited date 13 March 2017 [ 144 kb ]


Report to Creditors of Western Pacific Insurance Limited dated 14 December 2016 [ 290 kb ]

Twelfth Statutory Report on Western Pacific Insurance Limited date 27 October 2016 [ 359 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 23 August 2016 [ 411 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 23 June 2016 [ 356 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 21 April 2016 [ 422 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 19 February 2016 [ 195 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 21 December 2015 [ 252 kb ]

10th Statutory Report on Western Pacific Insurance Ltd dated 16 October 2015 [ 484 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 8 September 2015 [ 203 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 3 July 2015 [ 196 kb ]

Ninth Statutory report on Western Pacific International Limited dated 30 April 2015 [ 292 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 3 March 2015 [ 196 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 17 December 2014 [ 196 kb ]

Eighth Statutory report on Western Pacific Insurance Limited dated 28 October 2014 [ 284 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 15 September 2014 [ 198 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 16 July 2014 [ 196 kb ]

Seventh Statutory report on Western Pacific Insurance Limited dated 28 April 2014 [ 273 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 28 February 2014 [ 184 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 19 December 2013 [ 198 kb ]

Sixth Statutory report on Western Pacific Insurance Ltd dated 18 October 2013 [ 274 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 29 August 2013 [ 103 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 26 June 2013 [ 102 kb ]

Fifth Statutory report on Western Pacific Insurance Limited 24 April 2013 [ 145 kb ]

Report to Creditors of Western Pacific Insurance Limited dated 25 February 2013 [ 108 kb ]

Report to Creditors of Western Pacific Insurance Limited Dated 19 December 2012 [ 109 kb ]

Fourth Statutory report on Western Pacific Insurance Limited 29 October 2012 [ 161 kb ]

Report to Creditors of Western Pacific Insurance Limited Dated 29 August 2012 [ 601 kb ]

Third Statutory report on Western Pacific Insurance Limited 30 April 2012 [ 879 kb ]

Report to Creditors of Western Pacific Insurance Limited 21 December 2011 [ 337 kb ]

Second Statutory report on Western Pacific Insurance Limited 27 October 2011 [ 137 kb ]

Report to Creditors of Western Pacific Insurance Limited 26 August 2011 [ 118 kb ]

Report to Creditors of Western Pacific Insurance Limited 7 June 2011 [ 238 kb ]

First Statutory report on Western Pacific Insurance Limited 7 April 2011 [ 211 kb ]