Lloyd's Brexit transfer of EEA business approved by High Court

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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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