Assured Guaranty (Europe) plc with its registered office at 11th Floor, 6 Bevis Marks, London EC3A 7BA, UK, intends to transfer parts of its non-life insurance portfolio to Assured Guaranty (Europe) SA with its registered office at 6 place de la Madeleine, 75008 Paris, France.
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).