Petitions to Transfer Business
IN THE HIGH COURT OF JUSTICE
CR-2018-006267
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
COMPANIES COURT (ChD)
IN THE MATTER OF
ROYAL & SUN ALLIANCE INSURANCE PLC
AND
IN THE MATTER OF
RSA LUXEMBOURG S.A.
AND
IN THE MATTER OF
THE FINANCIAL SERVICES AND MARKETS ACT 2000
NOTICE IS HEREBY GIVEN under Sections 114(2) and 114A(2) of the Financial Services and Markets Act 2000 (the "Act") that an Order under Section 111 of the Act sanctioning a scheme for the transfer ("Transfer") by Royal & Sun Alliance Insurance plc ("RSAI") of: (a) the general insurance and reinsurance business carried on by the Netherlands, Belgian, German, French and Spanish branches of RSAI (with the exception of certain reinsurance business, which is excluded from the Scheme); and (b) that part of all or any insurance policies (other than any policies which evidence a contract of reinsurance) written or assumed by the UK establishment of RSAI in respect of risks located in EEA States other than the UK, together with related reserves and reinsurance assets and certain claims administration arrangements, to RSA Luxembourg S.A. ("RSAL") was made by the High Court of Justice in England on 29 November 2018. The Transfer became effective in accordance with the said Order on 1 January 2019, immediately after midnight (GMT).
Where in relation to any policy transferred (other than a policy that evidences a contract of reinsurance) an EEA State is the state in which the risk is situated, the policyholder may exercise any right which it has under the law of that EEA State to cancel its policy by giving notice in writing to RSAL at RSA Luxembourg S.A., 3rd Floor, 40 rue du Cure, L-1368 Luxembourg, clearly marked on the front with the reference ‘RSA Luxembourg Part VII Transfer’, during the period of up to twenty-one days starting from the date of publication of this notice or such longer period (if any) prescribed by the law of the relevant EEA State.
Dated: 11 January 2019
Reynolds Porter Chamberlain LLP
Tower Bridge House, St Katharine's Way, London E1W 1AA, United Kingdom
Ref: ROY25.23/AP02/MG02