River Re Limited (River Re) is proposing to transfer its reinsurance and general insurance business, to Riverstone Insurance (UK) Limited (RIUK) (the Proposed Transfer).
The Proposed Transfer must be approved by the High Court of Justice of England and Wales before it can proceed. The Proposed Transfer will be implemented through an insurance business transfer under Part VII of the Financial Services and Markets Act 2000, which will be submitted for approval to the High Court.
The court hearing to consider and, if thought fit, approve the Proposed Transfer, is currently scheduled for [date] at The Rolls Building, Fetter Lane, London, EC4A 1NL.
If the Proposed Transfer is approved by the High Court, it is proposed that it will take place on [*****] and your policies will transfer to RIUK on [*****].