17 December 2019News

Monument Re makes acquisition in Belgium

Monument Re has acquired a closed book of life business from Curalia OVV, a Belgian mutual insurance company.

Monument Re acquires European asset intensive portfolios, assuming asset based risks which it then operates. This was Monument Re’s twelfth acquisition in Europe. The portfolio transfers into Monument Assurance Belgium NV, Monument Re’s Belgian carrier, with the policy terms and conditions of the contracts remaining unchanged.

The terms of the transaction were not disclosed.




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27 March 2020   Monument Re is set to acquire GreyCastle Holdings, a Bermuda-based reinsurer focused on managing a portfolio of annuity and life risks, and its subsidiaries.
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18 August 2020   Monument Re has reached an agreement with Allianz Benelux (Belgium) that will see Allianz transfer a closed book of classical life retail insurances and 4.500 mortgage loans to Monument Assurance Belgium (MAB).

More on this story

News
27 March 2020   Monument Re is set to acquire GreyCastle Holdings, a Bermuda-based reinsurer focused on managing a portfolio of annuity and life risks, and its subsidiaries.
News
18 August 2020   Monument Re has reached an agreement with Allianz Benelux (Belgium) that will see Allianz transfer a closed book of classical life retail insurances and 4.500 mortgage loans to Monument Assurance Belgium (MAB).