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MONUMENT RE COMPLETES ACQUISITION OF ABN AMRO LIFE CAPITAL BELGIUM

Hamilton, Bermuda
28 March 2018

Monument Re Limited (“Monument Re”) announced today that it has completed the acquisition of ABN AMRO Life Capital Belgium (“AALCB”) following receipt of regulatory approval by the National Bank of Belgium. AALCB has been renamed Monument Assurance Belgium N.V.

Manfred Maske, Group CEO of Monument Re said:

“We are pleased to announce the regulatory approval of the National Bank of Belgium and the completion of the acquisition of AALCB in Belgium. With our Belgian platform for consolidation of run-off portfolios or entities established, we look forward to further growth.”

About Monument Re

Monument Re Limited was established in 2016 and is licensed by the Bermuda Monetary Authority as a Class E reinsurer. Monument Re acts as a reinsurer and acquirer of asset-intensive European insurers looking to improve their capital efficiency through a strategy of reinsurance and/or acquisition.

To learn more, contact Manfred Maske, CEO, info@monumentregroup.com, +1(441) 400-9300.

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Monument Re

Crown House
4 Par-la-Ville Road
Hamilton HM08
Bermuda

+1 441 400 9300

Monument Life Insurance DAC

Two Park Place,
Upper Hatch Street,
Dublin 2
Ireland

Monument Assurance Belgium S.A.

Boulevard du Roi Albert II 19 - 1210 Brussels – Belgium

+32 (0) 78 050 006 | +32 (0) 4 232 44 11  

Monument Assurance Luxembourg S.A.

Atrium Business Park
29, rue du Puits Romain
L- 8070 Bertrange
Luxembourg

+352-264 98 1

Monument International Life Assurance Company Limited

St George’s Court
Upper Church Street
Douglas
Isle of Man IM1 1EE

+44 1624 683 683

 

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