Transfer of insurance portfolios under Solvency II

The portfolio transfer of the whole identified book of business will take place following the approval of the competent authorities.

Accounts and portfolio transfer valuations of tens of thousands of units annually

Rebate of up to $135 on transfer fees for portfolios worth more than $15,000

Up to $135 cash back on transfer fees for portfolios of over $15,000

In the case of a portfolio transfer, Montsegur Finance will handle the administrative processes.

Rebate of up to $135 on transfer fees for portfolios worth more than $15,000

All the insurance business housed in Ducroire/Delcredere when it was established merely corresponded to a transfer of the ONDD's portfolio of short-term insurance business.

Reporting to the Executive Director of GCS, Maz also holds accountability for cross border and portfolio solutions.

The provisions on transfers of portfolios should include provisions specifically concerning the transfer to another undertaking of the portfolio of contracts concluded by way of freedom to provide services.

The provisions governing transfers of portfolios should be in line with the single authorisation provided for in this Directive.

The provisions on transfers of portfolios must be in line with the single legal authorisation system provided for in this Directive.