Monument Re to buy Aspecta
31-01-2018
Monument Re buys Benelux Life Run-off
19-09-2017
21-06-2018
Bermuda-based reinsurer Monument Re has acquired a run-off portfolio of linked and traditional business from Ireland-domiciled Metlife Europe, initially through reinsurance to Monument Re, followed by the transfer of the portfolio to Laguna Life, upon receipt of court approvals.
The acquired portfolio covers in excess of 9,000 policies, with assets of approximately €500 million.
“We are pleased to announce this transaction, subject to regulatory approval, as we continue to execute our Ireland consolidation strategy and firmly establish our long-term presence there,” said Monument Re Group CEO Manfred Maske.
Monument Re, Run-off, Metlife Europe, Laguna Life, Bermuda, Europe, Insurance, Ireland
Monument Re to buy Aspecta
31-01-2018
Monument Re buys Benelux Life Run-off
19-09-2017