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Publication

Newsflash

Rothesay and Prudential Part VII transfer and industry next steps

04 Dec 2020

Nick Ford

by Nick Ford
Head of Transactions

Kirsten Wilkie

by Kirsten Wilkie
Consultant

Subject: Insurance & Reinsurance, Legislation & Regulation

Audiences: Insurance & Financial Services

The Rothesay and Prudential Part VII transfer

On 16 August 2019, sanctioning of the proposed transfer of c.370k annuity policies from Prudential to Rothesay was declined. On 2 December 2020, Rothesay and Prudential successfully appealed this decision.

In this newsflash we look at how Independent Experts responded to the judge’s decision in 2019 and the future of Part VII transfers following the recent successful appeal.

Please click here to read the full newsflash.

Newsflash - Rothesay and Prudential Part VII transfer and industry next steps

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