Merger of insurers: Swiss Life Liechtenstein is absorbed by Elips Life AG, which assumes its contracts in Spain
11 Nov 2026Effective: 29 Jun 20260 views
Who is affected:
Policyholders of Swiss Life (Liechtenstein) AG with contracts in Spain
Summary
The insurer Swiss Life (Liechtenstein) AG has been absorbed by Elips Life AG. Policyholders in Spain may terminate their contracts within one month.
Detailed analysis
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The General Insurance Directorate publishes the approval by the FMA of Liechtenstein of the merger by absorption of Swiss Life (Liechtenstein) AG by Elips Life AG, effective as of 29 June 2026. Both entities operated in Spain under the freedom to provide services regime. The merger implies the subrogation of Elips Life…
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