Начало / News / The Financial Supervision Commission notifies of the portfolio transfer of life...

The Financial Supervision Commission notifies of the portfolio transfer of life insurance business from Guildhall Insurance Company Limited to Unionamerica Insurance Company Limited.

The Financial Supervision Commission (FSC) notifies all concerned parties that on 6th of November 2013 the competent authority of the United Kingdom (Prudential Regulation Authority) has informed about the approval of portfolio transfer of life insurance business from Guildhall Insurance Company Limited to Unionamerica Insurance Company Limited. The approval of the High Court took effect on 31 October 2013.

In July 2013 FSC has notified all concerned parties about the intention of Guildhall Insurance Company Limited to transfer its life insurance business to Unionamerica Insurance Company Limited.

FSC has not been notified on the intention of the transferee to operate on the territory of Bulgaria under the right of establishment or the freedom to provide services.