The Financial Supervision Commission has sent notification about its consent for the portfolio transfer from Foyer Sante S.A. to Globality S.A.

The Financial Supervision Commission (FSC) has been notified by the competent authority of the Grand Duchy of Luxembourg (Commissariat aux Assurances) of the concluded on February 20th 2024 portfolio transfer from the insurance undertaking Foyer Sante S.A. to Globality S.A., including insurance contracts on which the Republic of Bulgaria is a Member State where the risk is located.

In November 2023 Commissariat aux Assurances has notified about the forthcoming portfolio transfer. After the review of the documents the FSC has already informed Commissariat aux Assurances of granting its consent for the insurance portfolio transfer.

After the transfer Globality S.A. changes its name to Foyer Global Health S.A. and will run the portfolio of Foyer Sante S.A. which ceases its activities.