Mandatum Life (in Finnish: Mandatum Henkivakuutusosakeyhtiö) with its registered office at Bulevardi 56, 00120 Helsinki, Finland, has transferred parts of its life insurance portfolio to INVL Life UAB with its registered office at Gynėjų 14, Vilnius, Lithuania. The portfolio transfer became effective on 30.06.2022.
According to information received from the Finnish supervisory authority, this also includes policies held by policyholders or insured persons in Austria.
A termination right exists for insurance policy holders pursuant to Article 31 para. 2 of the Insurance Supervision Act 2016 (VAG 2016; Versicherungsaufsichtsgesetz 2016).