Transfer of the life insurance portfolios of Valorlife Lebensversicherungs-AG and Wealth-Assurance AG to Skandia Leben (FL) AG
13.02.2019 – The Liechtenstein Financial Market Authority has ordered the transfer of the insurance portfolios of Wealth-Assurance AG and Valorlife Lebensversicherungs-Aktiengesellschaft to Skandia Leben (FL) AG. The order comes into force with immediate effect. Further information can be found in the media release of the supervisory authority www.fma-li.li.
Skandia Leben (FL) immediately started to take over the life insurance portfolios in question and is consistently implementing them in accordance with the official requirements. It works closely with the existing cooperation partners (brokers, banks, asset managers, trustees) of Valorlife and Wealth-Assurance. The transfer of the policies to a new risk carrier does not materially change anything for the policyholders. The new address for inquiries is as follows:
Skandia Leben (FL) AG
Phone: +423 239 30 96
The existing contracts remain in force unchanged. Since Skandia Leben (FL) will also take over a large proportion of the employees of Valorlife and Wealth-Assurance, customers and sales partners will continue to have practically all the familiar contacts at their disposal. Further information on the acquisition of the insurance portfolios can be found under Questions and Answers.