Transfer of business from  UKE to UKNV

The United Kingdom Mutual Steam Ship Assurance Association (Europe) Ltd (UKE) proposes to transfer to UK P&I Club NV (‘UKNV’) (a Dutch entity) all of its insurance and reinsurance business relating to policies insured by UKE where (i) any vessel the flag state of which is noted in the relevant policy as being an EEA state (other than the UK) and/or (ii) the relevant state of establishment of the policyholder is an EEA state (other than the UK) (‘European Business’) (‘Transfer’).

The Transfer is governed by a process under Part VII of the Financial Service UK Markets 2000 that enables insurance and reinsurance policies to be transferred between insurance entities. The Transfer will be effected by a scheme document, subject to approval by the High Court of Justice in England.

Amended Scheme Documents

Click to download.


Witness statement and Amended Scheme & Notification relate to a minor clarificatory change in the Scheme

Witness Statement 

Exhibit - Amended Scheme & Notifications

Downloads

  • 20201127 UKPI Supplementary IE Report UKE to UKNV Transfer Final (79 KB)

    27/11/2020

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  • UKE Transfer - Notification to Reinsurers (293 KB)

    09/11/2020

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  • UKE Transfer - Notification to Policyholders (294 KB)

    09/11/2020

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  • Independent Expert Scheme Report (236 KB)

    20/08/2020

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  • Independent Expert Report Summary (138 KB)

    20/08/2020

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  • Summary & Scheme Document (188 KB)

    20/08/2020

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  • UKE transfer to UKNV - Q&A (221 KB)

    27/08/2020

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  • UKE Transfer - Fourth Witness Statement of Andrew John Taylor (561 KB)

    14/12/2020

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  • UKE Transfer - Updated Scheme Document (191 KB)

    14/12/2020

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  • UKE Transfer - Updated notification to Slovenian policyholders (100 KB)

    14/12/2020

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  • UKE Transfer - Sealed Sanctions Order (329 KB)

    17/12/2020

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  • UKE Transfer - Section 114 Notice - Final (158 KB)

    15/01/2021

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Transfer of business from UKL to UKE

Transfer of The United Kingdom Mutual Steam Ship Assurance Association (London) Limited ('UKL') to The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited ('UKE').

The Transfer is governed by a process under Part VII of the Financial Service UK Markets 2000 that enables insurance and reinsurance policies to be transferred between insurance entities. The Transfer will be effected by a scheme document, subject to approval by the High Court of Justice in England.

Downloads

  • Supplementary Report on the proposed insurance business transfer (69 KB)

    27/11/2020

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  • UKL Scheme Summary and Independent Report Summary (134 KB)

    08/10/2020

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  • UKL Independent Expert Scheme Report (285 KB)

    20/08/2020

    Download PDF
  • Summary & Scheme Document UKL (165 KB)

    20/08/2020

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  • UKL Transfer Q&A (213 KB)

    08/10/2020

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  • UKL Transfer - Sealed Sanctions Order (301 KB)

    17/12/2020

    Download PDF
  • UKL Transfer - Section 114 Notice - Final (157 KB)

    15/01/2021

    Download PDF