Eagle Star Group Companies transfer general insurance porfolio to RiverStone Insurance (UK) Ltd
Zurich Insurance Group announced on 27 December 2012 that Eagle Star Insurance Company Limited, Home & Overseas Insurance Company Limited and City of London Insurance Company Limited (together the Eagle Star Companies), which are wholly owned by Zurich and based in the UK, had agreed to transfer their remaining general insurance business to RiverStone Insurance (UK) Limited under Part VII of the Financial Services and Markets Act 2000. In preparation for this, the management of claims, reinsurance and litigation relating to the general insurance business of the Eagle Star Companies, which was previously carried out by Capita Commercial Insurance Services Limited, was taken over by RiverStone Insurance (UK) Limited with effect from 1 June 2013.
Please note that the transfer does not involve any life, pension or employers liability policies.