Approval of Transfer of Business of Insurance in line with Article 33 of the Insurance Business Act
SEPTEMBER 30, 2021

The Malta Financial Services Authority hereby notifies the general public that, on the 30 September 2021, it signified its approval to Accelerant Insurance Limited (the “Transferor”), of ‘Soho’, The Strand, office 2, Fawwara Building, Triq l-Imsida, Gzira, GZR 1401, an insurance undertaking authorised under the Act to carry on business of insurance and with registration number C92407, to transfer its rights and obligations under its general business policies of insurance to Accelerant Insurance Europe SA (the “Transferee”) with registration number 0758.632.842, whose registered office is at, ‘Bastion Tower’, Level 20, Place du Champ de Mars 5, 1050, Brussels, Belgium. Accelerant Insurance Europe SA  is an insurance undertaking authorised to carry on non-life business of insurance by the National Bank of Belgium.

The MFSA’s approval was granted under article 33 of the Insurance Business Act (Cap. 403 of the Laws of Malta), in accordance with the terms and conditions set out in a portfolio transfer agreement between the parties.