The Consortium of the Company and Pannónia Pension Fund made the winning bid of the tender on the transfer of the insurance portfolio of Dimenzió Kölcsönös Biztosító és Önsegélyező Egyesület (Dimenzió association) on 23 February 2017. The Court has suspended the execution of specific clauses of the earlier decision of the National Bank of Hungary regarding Dimenzió association.

The Budapest-Capital Regional Court (striking down the decision of the court of first instance) has partly suspended – until the final decision in the base litigation – the execution of the decision of the National Bank of Hungary of 8th November 2016 regarding Dimenzió Kölcsönös Biztosító és Önsegélyező Egyesület in its order of 24th May 2017. Namely, the Court temporarily suspended the implementation of those parts of the decision in which the National Bank of Hungary had withdrawn the activity license of Dimenzió association and appointed the supervisory commissioner of the Pénzügyi Stabilitási és Felszámoló Nkft. (PSFN) to accomplish the transfer of the insurance portfolio of the association.

The execution of the portfolio transfer of Dimenzió was also suspended.

CIG Pannonia Life Insurance Plc.