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Monument Re completes acquisition of Nordben Life and Pension Insurance Co. Limited

Monument Re announced today that it has completed the acquisition of Nordben Life and Pension Insurance Co. Limited (“Nordben”) from BenCo Insurance Holding B.V., following receipt of regulatory approval from the Guernsey Financial Services Commission (“GFSC”).
Manfred Maske, CEO of Monument Re Group, said: “The completion of this transaction positions the Monument Group well in executing its strategy in the Crown Dependencies.”

About Nordben

Nordben, a Guernsey-based company, is licensed to carry out long-term and general insurance business, including domestic business and is subject to regulation by the Guernsey Financial Services Commission. Nordben has been closed to all new business since early 2016.

About Monument Re

Monument Re Limited (“Monument Re”) is a Class E reinsurer and Holding Company subject to Group Supervision by the Bermuda Monetary Authority.  Monument Re is a Bermuda based reinsurer established to operate as an asset intensive reinsurer and acquirer principally in Europe.
The group of companies has established presence in Bermuda, Ireland, Belgium, Luxembourg, the Netherlands and now Guernsey.
To learn more, please visit www.monumentregroup.com or contact Manfred Maske, CEO, info@monumentregroup.com, +1(441) 400-9300.

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4 Par-la-Ville Road
Hamilton HM08
Bermuda

+1 441 400 9300

Monument Life Insurance DAC

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Dublin 2
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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  

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Atrium Business Park
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Monument International Life Assurance Company Limited

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Upper Church Street
Douglas
Isle of Man IM1 1EE

+44 1624 683 683

Nordben Life and Pension Insurance Co. Limited

OLD bank chambers
La grande rue
st martin
Guernsey
GY4 6rt

 

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