Monument Re said that Monument International Life Assurance Company (MILAC), its subsidiary in the Isle of Man, has wrapped up the acquisition of the closed book portfolio of the Singapore long term life insurance business of Zurich International Life Limited (ZILL). The financial terms of the deal were not disclosed. According to Monument Re, the […]
Monument Re, a Bermuda-based reinsurer, has wrapped up the acquisition of the Isle of Man life and investment operations of Charles Taylor Group. The deal, which was announced in August 2020, was closed after securing regulatory approval from the Isle of Man Financial Services Authority and also non-objection from the Bermuda Monetary Authority. The financial […]
