Zurich Assurance Ltd transfers part of its life insurance contracts to Rothesay Life plc
The FMA advises that Zurich Assurance Ltd has transferred some of its life insurance contracts to Rothesay Life plc. According to information received from this undertaking, this also includes policies held by policyholders or insured persons in Austria. Policyholders are reminded about the existence of a general termination right pursuant to Article 31 para. 1 of the 2016 Insurance Supervision Act (VAG 2016; Versicherungsaufsichtsgesetz 2016).