Regulatory Alerts2022-02-22
Added · Updated
Portfolio Transfer of BNP Paribas Cardif Levensverzekeringen N.V. to Cardif-Assurances Vie S.A.
The Dutch prudential supervisor authorized the transfer of rights and obligations from life insurance contracts in branch 21 from BNP Paribas Cardif Levensverzekeringen N.V. to Cardif-Assurances Vie S.A., effective December 31, 2021, as part of a merger between the entities. This publication renders the transfer enforceable against policyholders, insured persons, beneficiaries, and all third parties with an interest in the execution of the insurance contracts regarding risks or commitments located in Belgium, in accordance with Article 17 of the Law of April 4, 2014, concerning insurance.
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