There are currently 81 companies in the Group that are in Liquidation. A full list of companies in liquidation can be found in the HIH Group tab and Contact details for the companies in the Contact Us tab.

The eight formerly licensed Australian insurance companies in the Group adopted Schemes of Arrangement in 2006. These companies also remain in liquidation in Australia, and although the Scheme Administrators now handle the affairs of the Scheme Creditors, the Liquidators continue to pursue and manage the litigation issues of the Group.

For details about particular HIH companies, see the Contact Us tab to determine the best party to contact.

The Schemes of Arrangement are currently operating in the Run-Off Period. That is, Scheme Creditors claims are being agreed as normal, reinsurance is being collected and the Scheme Administrators have set Payment Percentages for a number of the Scheme Companies. Details of the scheme Payment Percentages are shown on the Home and Financials Page.

The Schemes of Arrangement have been put in place for 7 years from May 2006. However, a provision within the Scheme allows the Scheme Administrators to reduce or increase this length by up to two years with Creditor Committee approval. Therefore, the Schemes may be shortened to a minimum of 5 years or extended to a maximum of 9 years if it is in the best interests of the creditors.

The Scheme Administrators will notify creditors of the appropriate dates in advance of that time. You will have to submit a claim at that time if you have remaining non-agreed items that you wish to claim against a Scheme Company.