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 […]
Bermuda-based reinsurer Monument Re has agreed to divest Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc, a UK-based life and pensions consolidator, for £13 million. Chesnara will acquire the businesses through the Waard Group, its existing Netherlands-based closed book platform. Based in the Netherlands, Robein Leven is a closed life insurer that […]
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 […]
Monument Re, a Bermuda-based life reinsurance and insurance holding company, has wrapped up its previously announced acquisition of GreyCastle and its subsidiaries, which include GreyCastle Life Reinsurance (SAC) and GreyCastle Services. The acquisition, which was announced in late March, was completed after getting regulatory approval from the Bermuda Monetary Authority. Financial terms of the deal […]