Canada Life Limitedwith its registered office at Canada Life Place, Potters Bar, EN6 5BA Hertfordshire, Great Britain, intends to transfer parts of it portfolio of life insurance contracts to Irish Life Assurance plc with its registered office at Irish Life Centre, Lower Abbey Street, Dublin 1, 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).