AmTrust International Underwriters Designated Activity Company, with its registered office at 6-8 College Green, Dublin 2, Ireland, intends to transfer parts of its non-life insurance portfolio to Liberty Mutual Insurance Europe S.E. with its registered office at 5-7, rue Léon Laval, 3372 Leudelange, Luxembourg.
According to information received from the Irish supervisory authority, policies held by policyholders in Austria are also affected.
A termination right exists for insurance policy holders pursuant to Article 31 para. 2 of the Insurance Supervision Act 2016 (VAG 2016; Versicherungsaufsichtsgesetz 2016).