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The Financial Supervision Commission has sent notification about its consent for the portfolio transfer from “The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited” to “UK P&I Club” NV


    The Financial Supervision Commission (FSC) has been notified by the competent authority of the United Kingdom (Prudential Regulation Authority) of the forthcoming transfer of an insurance portfolio from the “The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited” (with head office in the United Kingdom) to “UK P&I Club” NV (with head office in the Netherlands). After reviewing the portfolio documents, the FSC decided to send a letter to the national competent authority of the United Kingdom on granting consent for the transfer of the insurance portfolio from “The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited” to “UK P&I Club” NV.