Lloyd's Brexit transfer of EEA business approved by High Court
Lloyd’s has received final approval from the High Court to transfer policies covering risks and policyholders in the European Economic Area to its Belgian subsidiary, Lloyd’s Europe.
The court’s approval follows a two-day sanctions hearing last week and paves the way for the transfer to take effect from 00:01 on 30 December 2020.
It will allow Lloyd’s to continue servicing
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