The District Court of Luxembourg, Second Chamber, ruled on 31 January 2025 to dissolve and liquidate FWU Life Insurance Lux SA, a public limited company based in Hesperange. The court appointed Maître Yann Baden, an attorney-at-law residing in Gonderange, as the official liquidator. The decision followed a by the Supervisory Authority for the Insurance Sector (CAA) after the company failed to implement a viable recovery plan and was unable to meet its solvency requirements.

According to the issued on 10 February 2025, the liquidator must notify all known and identifiable creditors within six months of the court’s ruling. The creditors will receive a pre-filled claim declaration outlining the procedure for submitting their claims.

The court set a final deadline of 31 January 2028 for creditors to file their claims with the liquidator. Any claims submitted after this date will be barred.