.cls-1 { fill: #fff; } Artboard 1 WE HELP COMPANIES GROW IN COMPLEX MARKETS Malta Starr International (Europe) Limited (Starr UK) is proposing to transfer all of its general insurance business to the extent that it relates to a risk or risks situated in the European Economic Area and all of its general reinsurance business which relates to a risk or risks situated in Germany to Starr Europe Insurance Limited (Starr Malta) (the Proposed Transfer). The UK ceased to be a member of the European Union (the EU) on 31 January 2020 (Brexit). It is necessary for the Starr Group to restructure its European operations by undertaking the Proposed Transfer in order to continue to service its European policyholders as a result of Brexit and following the expiry of the transitional period agreed between the UK and the EU (currently expected to end on 31 December 2020). Both Starr UK and Starr Malta are part of the Starr group (the Starr Group). Starr Malta is an insurance and reinsurance company incorporated in Malta, authorised and regulated by the Malta Financial Services Authority. Starr UK and Starr Malta are both members of the Starr Group. Starr Malta currently has an ‘A’ (Excellent) financial strength rating from A.M. Best. The Proposed Transfer must be carried out in accordance with the UK Financial Services and Markets Act 2000. This requires us to obtain approval from the High Court of England and Wales (the Court). The legal process is explained further in the documentation listed below. The Proposed Transfer is expected to take effect on 30 November 2020 if approved by the Court. The Transfer will have no effect on the terms and conditions of policyholders’ existing cover. Starr Malta will administer the transferring policies in line with the Starr Group’s current systems, policies and procedures for its European operations (as the same may be updated from time to time) and therefore in the same manner to the administration currently undertaken by Starr UK. An independent expert (the Independent Expert) has been appointed to write a report for the Court (the Independent Expert Report). The Independent Expert has assessed the impact of the Proposed Transfer and has concluded that it will not materially adversely affect any group of policyholders or reinsurers. More information on the Proposed Transfer can be found in the following documents: A legal notice setting out details of the Court hearing for the Proposed Transfer. A letter to transferring policyholders and claimants. A letter to reinsurers of the transferring policies. The Scheme Document (the legal document that sets out the terms of the Proposed Transfer). The Independent Expert Report. A Question and Answer Booklet. A Summary of the Scheme Document. A Summary of the Independent Expert Report. A Supplemental Independent Expert Report. If you are comfortable with the Proposed Transfer and the information contained in the documentation listed above, you do not need to take any further action. However, if you have concerns regarding the Proposed Transfer and how it may affect you, you have the right to make a written representation to the Court or be heard at the Court hearing (in person or by legal representation). You may also raise these concerns with us in writing or over the telephone and we will make a record of your concerns and communicate these to the Prudential Regulation Authority, the Financial Conduct Authority, the Independent Expert and the Court. Information on how you can contact us is provided below. In light of current government guidelines regarding COVID-19, please note that it is possible that the hearing may take place remotely via a teleconferencing service. It is requested if you intend on attending the hearing (whether in person or via your representative), you inform Starr UK and Starr Malta in writing (using the contact details set out below) as soon as possible and preferably before 5 November 2020. This will enable Starr UK and Starr Malta to provide any details necessary to attend the hearing if it is to be held remotely. The Court hearing is scheduled to take place on 12 November 2020 at the High Court of Justice, 7 Rolls Building, Fetter Lane, London, EC4A 1NL, UK. We will update this website for any changes to the date of the Court hearing or the date of the Proposed Transfer. Should you need any further information or if you have any questions or concerns about the Proposed Transfer or consider that you may be adversely affected then please contact us as soon as possible and preferably no later than 5 November 2020. You can: call the helpline, free of charge, at +44 8081290243 (which will be available between 7:00 a.m. to 10:00 p.m. Monday to Friday, 8:00 a.m. to 10:00 p.m. on Saturdays and 9 a.m. to 7:00 p.m. on Sundays (in each case, London time). Callers outside of these hours will be able to leave a message and request that their call is returned; write to us at Part VII Enquires, Starr Companies UK, 4th Floor, 30 Fenchurch Avenue, London EC3M 5AD; or e-mail us at: PartVIIenquiries@starrcompanies.com. If you have any general questions about your policy or claim, please call your usual Starr Group or broking contact. Group Solvency and Financial Condition Report 31 December 2020 READ REPORT Annual Report and Financial Statements 31 December 2020 READ REPORT Group Solvency and Financial Condition Report 31 December 2019 READ REPORT Annual Report and Financial Statements 31 December 2019 READ REPORT Annual Report and Financial Statements 31 December 2018 READ REPORT Privacy Policy READ POLICY Complaints Procedure Authorisation STARR SOCIAL MEDIA Connect with us across our channels Our expertise reaches to wherever you do business. Find us in your country. GET IN TOUCH ACCESS INTERNATIONAL SITES REPORT A CLAIM Careers Compliance and Ethics Terms of Use Disclaimers Legal Notice Privacy Policy 2021 STARR INTERNATIONAL COMPANY, INC. ALL RIGHTS RESERVED X Notice we use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set in our Privacy Policy. By using the website, you agree to our use of cookies.