Monument concludes annuity reinsurance with Countrywide
Monument Re has entered into a reinsurance agreement with Countrywide Assured, a subsidiary of Chesnara plc.
“It has been a pleasure to work with Chesnara and CountryWide and conclude this annuity reinsurance with CountryWide,” Manfred Maske, group CEO of Monument Re, said.
Monument Re operates as a reinsurer and acquirer of European asset-intensive portfolios. Through this strategy, Monument Re assumes asset-based risks within its risk appetite and efficiently operates these businesses or portfolios.
Monument Re is subject to group supervision by the Bermuda Monetary Authority.
Chesnara is a life and pensions company listed on the London Stock Exchange. It operates as Countrywide Assured in the UK, as the Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.
