Assurant General Insurance Limited with its registered office at Emerald Buildings, Westmere Drive, Crewe, Cheshire, CW1 6UN, UK and London General Insurance Company Limited with its registered office at Twenty Kingston Road, Kingston Road, Staines-Upon-Thames, Surrey, England TW18 4LG, United Kingdom, intend to transfer parts of their non-life insurance portfolio to Assurant Europe Insurance N.V. mit Sitz in Paasheuvelweg 1, 1105 BE Amsterdam, Netherlands.
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).