Please see below for detailed information in respect of your country:
The following only applies to residents of France with a CGICE insurance policy.
The French government has enacted legislation in respect of Brexit; namely “l’ordonnance « Brexit » n° 2020-1595 du 16 décembre 2020” (the “Brexit Ordinance”).
We can advise that Casualty & General Insurance Company (Europe) Limited (‘CGICE’), as an insurance undertaking authorised and regulated by the Gibraltar Financial Services Commission and previously operating in the Republic of France under “Freedom of Establishment” is permitted by the Contrôle Prudentiel des Assurances, (“ACPR”) to benefit from the French Brexit Ordinance regime.
Further to the requirements of the Brexit Ordinance, we hereby inform our policyholders in France of the following in respect of their rights and our obligations: –
If you have any queries in respect of your policy with CGICE, please do not hesitate to Contact Us.
You can also contact us by via 22 avenue de la Grande Armée 75017 PARIS or by telephoning +33 (0)143 125 464
The following only applies to residents of Italy with a CGICE insurance policy.
On 31st December 2020, the UK’s withdrawal from the European Union will be completed, therefore, as from 1st January 2021 UK insurance undertakings may no longer carry on business in Italy.
In particular, as from 1 January 2021: UK insurance undertakings may no longer commence new business or renew existing contracts in Italy; They are however required, even after 1 January, to ensure the regular execution of existing insurance contracts, guaranteeing the fulfilment of the contractual obligations, including the management of claims, payments, surrenders and withdrawals.
We would like to advise our policyholders in Italy of the following in respect of their rights and our obligations: –
If you have any queries in respect of your policy with CGICE, please do not hesitate to Contact Us.
The following only applies to residents of Ireland with a CGICE insurance policy.
Ireland has enacted into law the “Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020” to deal with Brexit.
In particular, Ireland has agreed a temporary permissions regime for all UK/Gibraltar companies, like CGICE, which will enable them to continue to operate in the Republic of Ireland post Brexit in a limited capacity for a limited timeframe. This is referred to as the “Temporary Run Off Regime” (“TRR”). The TRR comes into effect on the 1st January 2021 and is expected to run for a period of 15 years.
CGICE has availed of the TRR and submitted the required reporting to the CBI. Under the TRR, CGICE is permitted by the CBI to continue administrating its existing run-off portfolio in order to ensure an orderly termination of our activities in the Republic of Ireland, and to ensure minimum disruption for our policyholders.
CGICE does not currently underwrite any new business in the Republic of Ireland.
If you have any queries in respect of your policy with CGICE, please do not hesitate to Contact Us.
The following only applies to residents of Norway with a CGICE insurance policy
The Norwegian Ministry of Justice & Public Security has enacted a regulation that states UK/Gibraltar insurance companies which had a license to write business in Norway on a freedom of services basis at the time of Brexit may still provide services to customers in Norway after the “Transition Period” ends however they cannot underwrite any new contracts.
CGICE meets the above criteria and therefore will be in a position to continue administrating its existing run-off portfolio in Norway in order to ensure an orderly termination of our activities in the Kingdom of Norway, and to ensure minimum disruption for our policyholders.
CGICE does not currently underwrite any new business in the Kingdom of Norway.
If you have any queries in respect of your policy with CGICE, please do not hesitate to Contact Us.