Inora Life DAC with its registered office at Two Park Place, Ground Floor, Upper Hatch Street, Dublin 2, Ireland intends to transfer parts of its life insurance portfolio to Monument Life Insurance DAC with its registered office at Two Park Place, Upper Hatch Street, Dublin 2, Ireland.
According to information received from the Irish supervisory authority, policies held by policyholders in Austria are also affected.
A termination right exists for insurance policy holders pursuant to Article 31 para. 2 of the Insurance Supervision Act 2016 (VAG 2016; Versicherungsaufsichtsgesetz 2016).
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