The Official Receiver, in his capacity as Provisional Liquidator of British American Insurance Company Limited said they have now realised all assets available to Bermuda resident creditors of BAICL, and are in a position to make a final distribution to creditors under the Scheme of Arrangement.The final payment will be a distribution of 2.5% of Scheme Creditors’ claims, as previously estimated. The first distribution of 35% of Scheme Creditors’ claims was paid in December 2011. After payment of this second and final distribution, Scheme Creditors will have received a total of 37.5% of their claims.In accordance with the terms of the Scheme of Arrangement, final distribution cheques will be mailed to each Scheme Creditor’s last known address on September 12, 2013. The Official Receiver is conscious of the fact that in certain instances there is a cost associated with cashing a cheque in Bermuda. Scheme Creditors will therefore be given the opportunity to return their final distribution cheque and have their distribution paid by online transfer. Details of what action is required by Scheme Creditors to take up this option will be included in the envelope containing the final distribution cheques.Policyholders or Creditors can obtain further information with regard to British American by e-mailing infoba@kpmg.bm or by calling the British American hotline on 294-2651