Hamilton, Bermuda, 29 June 2026

June 29, 2026 — Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re (“Monument” or the “Company”), a premier pan-European insurance consolidator, and support the Company’s long-term strategic growth plan. Hannover Re will continue as a key shareholder and remains committed to Monument and Sixth Street’s strategy for the business moving forward.

Monument is a strategic partner to the European insurance market, offering execution‑focused capabilities to acquire and manage in‑force life insurance portfolios and deliver tailored risk‑transfer and reinsurance solutions across multiple jurisdictions. This transaction will provide Monument with fresh capital and resources to accelerate its strategic initiatives and further strengthen its market position. Following closing, Monument will continue to operate as a standalone Company and will continue to service its policyholders.

“We are excited to partner with Monument and Hannover Re as we expand our global insurance footprint,” said Rohan Singhal, Partner and Head of Insurance at Sixth Street. “This investment reflects our deep conviction in the European market and our approach of partnering with strategics as a model for success. We look forward to fulfilling Monument’s potential as a leading consolidator in its core markets, while maintaining a focus on long-term security for policyholders.”

 

“We welcome Sixth Street’s investment in Monument and view it as an important step for the Company’s future growth and development. Hannover Re values the strong partnership with Monument and will continue to support the Company as a reinsurance partner and shareholder,” said Brona Magee, Executive Board Member for Life & Health at Hannover Re.

 

“Monument is excited about the support our shareholders are showing at this pivotal moment for our Company. The combined market presence and deep expertise of Sixth Street and Hannover Re put us in a fantastic position as we continue on our growth path,” said Carlo Elsinghorst, Group Chief Executive Officer of Monument Re.

Sixth Street Insurance is a premier strategic partner to leading insurers, advising on more than $125 billion of insurance company assets and making direct investments through a highly flexible global platform. Leveraging an extensive presence across North America and Europe, Sixth Street Insurance combines long term capital with specialist asset liability management expertise to deliver bespoke balance sheet solutions for life and P&C insurers.

The transaction is expected to close by the end of 2026 and is subject to regulatory approvals and other customary closing conditions.

Advisors

Morgan Stanley & Co. International plc acted as financial advisor, Oliver Wyman LLC acted as actuarial advisor, KPMG LLP acted as financial and tax advisor, and Cleary Gottlieb Steen & Hamilton LLP and Debevoise & Plimpton LLP acted as legal advisors to Sixth Street. Fenchurch Advisory Partners acted as financial advisor to Monument Re, while Hogan Lovells International LLP, Conyers Dill & Pearman Bermuda, and Herbert Smith Freehills Kramer LLP acted as legal advisors.

About Sixth Street

Sixth Street is a global investment firm with over $130 billion in assets under management and committed capital. The firm uses its long-term capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 750 team members including approximately 300 investment professionals around the world.¹ For more information, and additional disclosures, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

About Hannover Re

Hannover Re is one of the world’s leading reinsurers. It transacts all lines of property & casualty and life & health reinsurance and is present worldwide with around 4,000 employees. German property & casualty business of the Hannover Re Group is written by the subsidiary E+S Rück. Established in 1966, Hannover Re is recognised as a reliable partner for innovative risk solutions, strong client relationships and financial soundness. The rating agencies most relevant to the insurance industry have awarded both Hannover Re and E+S Rück outstanding financial strength ratings: Standard & Poor’s AA- “Very Strong” and A.M. Best A+ “Superior”.

About Monument Re

Monument Re is a life insurance and reinsurance company focused on the acquisition and management of in‑force life insurance portfolios across Europe. The company is committed to reliable policy servicing and tailored capital solutions for insurers and institutional clients. For more information, visit www.monumentregroup.com.

¹Total Sixth Street employees as of 3/31/2026

For any queries, please contact us via email at info@monumentregroup.com

Hamilton, Bermuda, 12 May 2026

Monument Insurance Group Limited (“MIGL”) today releases its financial results for the reporting period ending 31st December 2025, with the following disclosures provided: 

• Year End 2025 MIGL Audited Consolidated Financial Statements
• Year End 2025 Financial Condition Report

Monument Insurance Group Limited is the parent company of the Monument group of companies (the “Group” or “Monument”). Monument is subject to insurance group supervision by the Bermuda Monetary Authority (the “BMA”). 

Monument Re Limited (“Monument Re”) is a Class E reinsurer and the designated insurer of the Group. It is a life reinsurance and insurance holding company with a presence in Bermuda, Ireland, Belgium, Luxembourg, and the Isle of Man with branches in Spain, Italy, Germany and Singapore. Monument Re operates as a reinsurer and acquirer of European asset-intensive portfolios. Through this strategy, Monument Re assumes asset-based risks within its risk appetite and efficiently operates these businesses or portfolios. 

Monument Re Limited has an established track-record of acquiring life insurance portfolios across Europe. Since incorporation, thirty-one transactions have been signed. The financial results for the year ending 31st December 2025 do not include transactions subject to regulatory approval or those which signed after the reporting date. 

To learn more, please visit www.monumentregroup.com or contact us at info@monumentregroup.com.

Hamilton, Bermuda, 12 May 2025

Monument Insurance Group Limited (“MIGL”) today releases its financial results for the reporting period ending 31st December 2024, with the following disclosures provided:

• Year End 2024 MIGL Audited Consolidated Financial Statements
• Year End 2024 Financial Condition Report

Monument Insurance Group Limited is the parent company of the Monument group of companies (the “Group” or “Monument”). Monument is subject to insurance group supervision by the Bermuda Monetary Authority (the “BMA”).

Monument Re Limited (“Monument Re”) is a Class E reinsurer and the designated insurer of the Group. It is a life reinsurance and insurance holding company with a presence in Bermuda, Ireland, Belgium, Luxembourg, and the Isle of Man with branches in Spain, Italy, Germany and Singapore. Monument Re operates as a reinsurer and acquirer of European asset-intensive portfolios. Through this strategy, Monument Re assumes asset-based risks within its risk appetite and efficiently operates these businesses or portfolios.

Monument Re Limited has an established track-record of acquiring life insurance portfolios across Europe. Since incorporation, twenty-nine transactions have been signed. The financial results for the period ending 31st December 2024 do not include transactions subject to regulatory approval or those which signed after the reporting date.

To learn more, please visit www.monumentregroup.com or contact us at info@monumentregroup.com.

Hamilton
Bermuda

Monument Re Limited (“Monument”) announces today that it has transferred a legacy €1.4bn reinsurance portfolio, comprising annuity and other life insurance liabilities acquired as part of the 2020 Greycastle transaction, to RGA Americas Reinsurance Company, Ltd. (“RGA”). This transaction releases capital resources that Monument will redirect to its core strategy of consolidation in European life insurance markets. The transaction completed on 2 May 2025 following approval by the Boards of Directors of both Monument and RGA and non-objection from the Bermuda Monetary Authority.

Monument has taken significant steps in recent months to strengthen its business operations by consolidating its European group support functions in Dublin and by aligning with the recently strengthened regulatory regime in Bermuda. With its strong financial position and best in class capabilities in the Group, Monument remains ideally positioned to build on its success to date and grow its European footprint, delivering legacy operational, capital and risk solutions to the European life insurance industry.

Speaking about the transfer of the portfolio to RGA, Monument Re Group CEO Carlo Elsinghorst said,

“RGA has a stellar track record in the industry and is ideally placed to take on this business. We have enjoyed working with the RGA team over the last few months and built a solid relationship based on mutual trust and respect and a shared appreciation of our respective strengths. We are now focussed on ensuring a smooth transition process for the benefit of policyholders.

 

Monument retains a very strong solvency position and the increased financial flexibility as a result of this transaction together with the recent rationalizing of group support functions will enhance our capacity to capitalize on our market leading, solutions-focused transaction capabilities.

 

We look forward to continuing to deliver on our promise to the European life insurance markets: a trusted consolidator that provides tailored solutions to real needs. We are excited about the opportunities ahead of us.”

“We are delighted to have partnered with Monument Re Group on this transaction, and it was a pleasure to work with their team,” said Emma Ferris, Senior Vice President, Managing Director, RGA UK & Ireland. “This transaction highlights RGA’s ability to execute on significant in-force opportunities, and to provide innovative solutions to address the evolving needs of our clients.”

Citi and Fenchurch Advisory acted as financial advisers for Monument on the transaction.

Monument Re Limited is a life insurance reinsurer and insurance holding company with a proven track record in acquiring capital-intensive European portfolios. Monument Re is present in Bermuda which, like Switzerland, is subject to requirements comparable to Solvency II in Europe. The Monument Re Group also operates through its subsidiaries in Belgium, Ireland, Isle of Man and Luxembourg, with branches in Spain, Italy, Germany and Singapore. Each entity is subject to local regulation and Monument is subject to insurance group supervision by the Bermuda Monetary Authority.

For further information please contact: communications@monumentregroup.com

Hamilton, Bermuda 2 July, 2024

Monument Re Limited announced today that its Belgian subsidiary Monument Assurance Belgium N.V. has completed the acquisition of a branch 21 closed book classical group life insurance portfolio from Contassur – Contibel Assurances Vie – Contibel Levensverzekeringen SA/NV (“Contassur”), following receipt of regulatory approval from the National Bank of Belgium.

Koen Depaemelaere, CEO of Monument Assurance Belgium and Carlo Elsinghorst, Group CEO of Monument Re Limited commented, “We are delighted to share that we have completed the acquisition of this portfolio from Contassur, marking another positive step in our consolidation strategy for Belgium”.

Monument Assurance Belgium is a Belgian life assurance company regulated by the National Bank of Belgium. Monument Assurance Belgium is a member of the Monument Re Group and has established itself as the leading consolidator of life insurance and pension portfolios in Belgium. 

Monument Re Limited is a life insurance reinsurer and insurance holding company with a proven track record in acquiring capital-intensive European portfolios. Monument Re is present in Bermuda which, like Switzerland, is subject to requirements comparable to Solvency II in Europe. The Monument Re Group also operates through its subsidiaries in Belgium, Ireland, Isle of Man and Luxembourg, with branches in Spain, Italy and Germany.

Monument Insurance Group Limited is the parent company of the Monument group of companies (the “Group” or “Monument”). Each entity is subject to local regulation and Monument is subject to insurance group supervision by the Bermuda Monetary Authority. 

For further information: 

To learn more, please visit our website at www.monumentregroup.com or contact Fiona Davies or Olivia Bonner at communications@monumentregroup.com