Royal & Sun Alliance Insurance Plc and The Marine Insurance Company Limited, both with their registered office in St Mark’s Court, Chart Way, Horsham, West Sussex RH12 1XL, United Kingdom, have transferred parts of their non-life insurance portfolio to Mercantile Indemnity Company Limited with its registered office at 3 Guildford Business Park, Guildford, Surrey GU2 8XG, United Kingdom.
The portfolio transfer becomes effective as of 01.07.2019.
According to information received from the British supervisory authority, policies held by policyholders in Austria are also affected.
Pursuant to Article 31 para. 2 VAG 2016 a termination right exists for insurance policyholders.