Kwelm

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The KWELM Companies are a group of five insurance companies incorporated in England and Bermuda.

The five companies are Kingscroft Insurance Company Limited, Walbrook Insurance Company Limited, El Paso Insurance Company Limited, Lime Street Insurance Company Limited, and Mutual Reinsurance Company Limited.

In the late 1980s and early 1990s, the companies had doubts about their solvency and with UK and Bermudian courts' approval, entered Schemes of Arrangements with their creditors which allowed them to continue operating and paying their creditors, albeit at a percentage in the dollar.