FWU Luxembourg: recovery plan fails

You are currently viewing FWU Luxembourg : échec du plan de rétablissement
(Photo: Waldo Miguez/ Pixabay)

The Luxembourg Insurance Commission (Commissariat aux Assurances) has filed a petition for the dissolution and compulsory liquidation of the Luxembourg life insurance company. This is very bad news for the tens of thousands of French savers who believed in the mirage of supposedly safe investments in the Grand Duchy. The announcement was made on Wednesday in a press release from...

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