AmTrust Europe Limited with its registered office at 10th Floor Market Square House, Saint James’s Street, Nottingham, Nottinghamshire, NG1 6FG, United Kingdom, intends to transfer parts of its non-life insurance portfolio to AmTrust International Underwriters DAC with its registered office at 6-8 College Green, Dublin 2, D02 VP48, Ireland. According to information received from the British 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).