THE WORLD MARINE & GENERAL, R&Q ETA AND QBE UK PART VII TRANSFER
The World Marine & General Insurance PLC, QBE UK Limited and R&Q Eta Company Ltd to Inceptum Insurance Company Limited – Part VII Transfer
The transfer of all of the general insurance business of The World Marine & General Insurance PLC (“WMG”) and R&Q Eta Company Ltd (“Eta”) and part of the general insurance business of QBE UK Limited (“QBEUK”) to Inceptum Insurance Company Limited (“Inceptum”) by means of an insurance business transfer scheme under Part VII of the Financial Services and Markets Act 2000 was sanctioned at a hearing on 25 November by Mr Justice Roth and took effect on 02 December 2022.
Please refer to the attached documents for further information:
- Transfer Scheme Document
- Scheme Summary Report
- Independent Expert’s Report
- Independent Expert’s Summary Report
- Letter to Solicitors of Claimants – Inceptum
- Letter to Solicitors of Claimants – QBEUK
- Letter to transferring policyholders - WMG
- Letter to transferring policyholders - QBEUK
- Letter to Brokers - QBEUK
- Explanatory Circular
- Legal Notice
- Supplemental Independent Expert's Report
Contacting us
If you have any further questions, or if you think you may be adversely affected by or object to the proposal, you may contact us by:
- telephoning +44 (0)20 7977 0892 from Monday to Friday during usual business hours (09.00 to 17.00);
- emailing businesstransfers@rqih.com (Ref: Fusion Part VII); or
- writing to Randall & Quilter Investment Holdings Ltd., 71 Fenchurch Street, London EC3M 4BS (Ref: Jacqui Rayner).
