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#ACPP2608973VNotice regarding the transfer by a Liechtenstein insurance company of commitments and risks underwritten in France under freedom to provide services

🇫🇷France··Other·Medium Impact·View source ↗

AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.

🇬🇧 English

Swiss Life (Liechtenstein) AG has requested approval from the Liechtenstein supervisory authority to transfer its entire portfolio of life and non-life insurance contracts concluded under the freedom to provide services in France to Elips Life AG. Both companies are domiciled at Industriestrasse 56, 9491 Ruggell, Liechtenstein. The portfolio concerns commitments and risks located in France. Creditors of both companies are granted a two-month period from the date of publication of this notice to submit observations on the proposed transfer. Observations must be sent in writing by registered mail to the ACPR in Paris or by email to 2789-passeportseuropeens-ut@acpr.banque-france.fr.

AI-generated summary. May contain errors. Refer to official sources for legal decisions.

Key Changes

  • Total transfer of Swiss Life (Liechtenstein) AG's French life and non-life insurance portfolio to Elips Life AG
  • Two-month period for creditors to submit observations starting from the publication date of 2026-04-02
  • Observations must be sent by registered mail to ACPR, 4 place de Budapest, 75436 Paris Cedex 09

+ 3 more changes with Pro

Obligations

What this law requires

high

Swiss Life (Liechtenstein) AG must obtain approval from the Liechtenstein supervisory authority for the transfer of its entire portfolio of life and non-life insurance contracts to Elips Life AG

Swiss Life (Liechtenstein) AG
licensing
high

Creditors of Swiss Life (Liechtenstein) AG and Elips Life AG must be given a two-month period from the publication date of this notice to submit written observations on the proposed transfer

Liechtenstein supervisory authority and ACPR
disclosure
medium

Creditors must submit observations in writing by registered mail to ACPR (4, place de Budapest, 75436 Paris Cedex 09) or by email to 2789-passeportseuropeens-ut@acpr.banque-france.fr

Creditors of Swiss Life (Liechtenstein) AG and Elips Life AG
operational
medium

The transfer concerns only commitments and risks located in France that were underwritten under freedom to provide services

Swiss Life (Liechtenstein) AG and Elips Life AG
operational
high

Notice of the transfer must be published to notify creditors of the two-month period to submit observations

ACPR
disclosure

Affected Parties

Policyholders and creditors of Swiss Life (Liechtenstein) AG in FrancePolicyholders and creditors of Elips Life AG+2 more…

Tags

insurance portfolio transfer,freedom to provide services,Liechtenstein insurer