News

Lloyd’s delays Part VII Transfer

By 2020-07-23T07:06:00

Lloyd's of London

All European policies must be transferred out of London before the end of the Brexit transition period on 31 December 2020

Lloyd’s has delayed the effective date of its Part VII transfer of policies to Lloyd’s Insurance Company S.A. (Lloyd’s Europe) in Brussels in order to give more time for members and Lloyd’s to get ready.

The Sanctions Hearing is now scheduled for 18 November 2020 and therefore the Scheme Effective date will move from 29th October to 30th December 2020.

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