Monument Re completes acquisition of Charles Taylor’s IoM life and investment businesses

Monument Re has completed its acquisition of the Charles Taylor Group’s Isle of Man life and investment operations.

The completion follows the deal being given regulatory approval from the Isle of Man Financial Services Authority and non-objection from the Bermuda Monetary Authority.

The core life insurance entity in the Isle of Man, LCL International Life Assurance Company, has since been renamed Monument International Life Assurance Company.