35-CERT 1 d35cert.htm RULE 24 - CERTIFICATE OF NOTIFICATION Rule 24 - Certificate of Notification

International Release no. 1288 File No. 70-10261

 

CERTIFICATE OF NOTIFICATION

 

(RULE 24)

 

SECURITIES AND EXCHANGE COMMISSION

 

BY

 

Scottish Power plc

 

In accordance with the orders of the Securities and Exchange Commission dated May 16, 2005 Holding Company Act Release No. 35-27969 (the “Order”), Scottish Power plc (“ScottishPower”) hereby submits its report for the period January 1, 2005 to June 30, 2005 (the “Reporting Period”). The following is a listing of the relevant reporting requirements (each, a “Reporting Requirement”), together with the response thereto. Unless otherwise defined herein, all capitalized terms in this Certificate of Notification shall have the meaning set forth in the Orders.

 

Reporting Requirement No. 1: A summary for the reporting period of PacifiCorp’s premium payments to Dornoch International Insurance Ltd as compared to aggregate loss experience, organized by line of insurance coverage provided by Dornoch International Insurance Ltd (for the first year compared to the commercial insurance premiums paid (if any) and thereafter showing the comparison period over period, on a rolling basis, for three years successively) and a statement of savings on a rolling basis

 

Response:

 

Reporting Period is January 1, 2005 to June 30, 2005

Policy Period April 1, 2005 to March 31, 2006

 

Process Date


   Line of Coverage

  Amount

   Aggregate Loss
Experience


   If purchased in
Commercial Market


 

PacifiCorp

                        

June 2005

   General Liability   $ 1,028,539    0    £ 958,250 *

June 2005

   Property (T&D)   $ 1,749,219    0     
 
Not available
commercially
 
 

June 2005

   Property (Other)   $ 2,383,719    0    $ 4m *

* Based on market indications obtained by our insurance broker Marsh Ltd

 

Reporting Requirement No. 2: An analysis by PacifiCorp of claims paid by Dornoch International Insurance Ltd during the period on behalf of the associate company to include lead-in and end-of-period insurance reserve balances (for the first year compared to any insurance reserve balances maintained, if any, and thereafter showing the comparison period over period, on a rolling basis, for three years successively);

 

Response:

 

No claims have been paid by Dornoch. See also Appendix 1

 

Reporting Requirement No. 3: A copy of the income statement and balance sheet for Dornoch International Insurance Ltd, including any accompanying notes

 

Response: See Exhibit A-1

 

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SIGNATURE

 

Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned company has duly caused this certificate of notification (Commission’s File No. 70-10261) to be signed on its behalf by the undersigned thereunto duly authorized.

 

SCOTTISH POWER PLC

 

By:  

/s/ Simon Lowth


    Simon Lowth
    Executive Director, Finance and Strategy

 

Date: August 29, 2005

 

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EXHIBIT INDEX

 

Exhibit No.

  

Description


 

Page


Exhibit A-1    Income Statement and Balance Sheet for Dornoch International Insurance Ltd    

 

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