The number of Part VII transfers of insurance businesses for each year since 2015-2016, with a year-end date of 30 June

Freedom of Information rules mean that, as a public authority, the Bank of England is obliged to disclose certain types of information, both proactively and on request.

Disclosure:

The table below contains the number of Part VII insurance business transfer schemes sanctioned by the High Court. It also contains the number of companies with Part VII insurance business transfer schemes sanctioned by the High Court for the same date range. It is worth noting that there can be two or more companies that are the Transferor /Transferee on each Part VII transfer.

Year Number of Part VII insurance business transfer schemes sanctioned by the High Court
Number of companies with Part VII insurance business transfer schemes sanctioned by the High Court
2015/2016 (1 July – 30 June)
16
44
2016/2017 (1 July – 30 June)
12 27
2017/2018 (1 July – 30 June)
12 27
2018/2019 (1 July – 30 June)
24 55
2019/2020 (1 July – 30 June)
8 16
2020/2021 (1 July – 30 June)
17 35
2021/2022 (1 July – 30 June)
5 8
2022/2023 (1 July – 30 June)
8 18