NEWS

Monument Re completes acquisition of portfolio from Alpha Insurance SA.

Monument Re announced today that its European subsidiary Monument Assurance Belgium NV completed the acquisition of a run-off portfolio of traditional life and credit life business from Alpha Insurance SA, a Belgian composite insurance company. Alpha Insurance SA is a wholly- owned subsidiary of Enstar Group Limited. The terms of the transaction were not disclosed.

In accordance with the approval of the National Bank of Belgium (“NBB”), the portfolio transfer into Monument Assurance Belgium is made effective 31 May 2019, with the policy terms and conditions unchanged.

About Alpha Insurance S.A.

Alpha Insurance SA, formerly “Nationale Suisse Belgium”, is a Belgian composite insurance company authorised by the National Bank of Belgium. Alpha Insurance SA is a wholly-owned subsidiary of Enstar Group Limited (Nasdaq: ESGR).

About Monument Re and Monument Assurance Belgium

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.

Monument Assurance Belgium is part of the Monument Re Group and operates as a closed book consolidator of life portfolios in Belgium under the supervision of the National Bank of Belgium.

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

CONTACTS

Monument Re

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

+441 400 9300

Laguna Life DAC

Europa House
Block 9, Harcourt Centre
Harcourt Street
Dublin 2
Ireland

UK 0800 0969 127
Spain 902 12 72 72

Monument Assurance Belgium

Koloniënstraat | rue des Colonies 11
1000 Brussel | Bruxelles
Belgie | Belgique

+32 (0) 78 050 006

Monument Assurance Luxembourg S.A.

5, rue Eugène Ruppert
L-2453 Luxembourg

+352-264 98 1

Monument Insurance DAC
Monument Assurance DAC

Europa House
Block 9, Harcourt Centre
Harcourt Street
Dublin 2
Ireland

Robein Leven NV

Noordeinde 35,
2514 GC,
The Hague,
Netherlands

070 376 66 66

Nordben Life and Pension Insurance Co. Limited

Harbour House,
South Esplanade,
St Peter Port,
Guernsey,
GY1 1AP

 

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