2 December 2020News

Monument Life Insurance completes portfolio acquisition from Zurich Life Assurance

Monument Life Insurance, the Irish subsidiary of Bermuda-based re/insurance holding company Monument Re, has completed the acquisition of a portfolio of unit-linked international portfolio bond policies from Zurich Life Assurance.

The portfolio transferred on November 30, 2020. The terms and conditions for policyholders remained unchanged.

The terms of the transaction were not disclosed.