Aviabel NV with its registered office at 54 Avenue Louise, 1050 Brussels, Belgium, intends to transfer its entire non-life insurance portfolio by way of a merger to AXIS Speciality Europe SE with its registered Office at Mount Herbert Court, 34 Upper Mount Street, Dublin 2, Ireland.
According to information provided by the Belgian supervisory authority, contracts for policyholders in Austria are affected.
Due to the existence of a universal succession, termination rights do not exist for policyholders.