TT to UKNV Transfer - change to Effective Date and postponement

Letter to Policyholders re change to Effective Date and postponement

We are writing to notify you that the hearing to sanction the insurance business transfer scheme (the ‘Scheme’) providing for the transfer of certain of the insurance and reinsurance business (comprising policies, assets and liabilities) of TTI to UK P&I Club NV (‘UKNV’) (‘Transfer’) proposed to be held on Monday 27 September 2021 and then Monday 8 November has been postponed to Thursday 2 December 2021.

Please download the full statement below.