NEWS

Monument Re Releases Year End 2017 Financial Results

Hamilton, Bermuda
14 June 2018

Monument Re today releases its first set of financial results for the reporting period ending 31stDecember 2017, with the following disclosures provided:

  • Year End 2017 Group Financial Condition Report
  • Year End 2017 Group Audited Financial Statements
  • Year End 2017 Monument Insurance DAC & Monument Assurance DAC Solvency Financial Condition Report and Quantitative Reporting Templates
  • Year End 2017 Laguna Life DAC Solvency Financial Condition Report and Quantitative Reporting Templates

In the first year of operation, Monument Re has successfully completed a number of transactions and continues to be very active in the transaction space across all territories that form part of the Group strategy, namely Ireland and the Benelux regions. It is noted that while the results presented in the year end 2017 disclosures provide a detailed assessment of the financial position of Monument Re and its local subsidiaries, the results do not reflect a number of further transactions that have been signed and/or completed since the reporting period, as noted in the Group Financial Condition Report. These transactions will have a material impact on the year-end 2017 financial position of the Group.

Group Financial Condition Report

MRL YE 2017 Group Financial Condition Report

Group Audited Financial Statements

MRL YE 2017 Group Audited Consolidated Financial Statements

Monument Insurance DAC & Monument Assurance DAC Solvency Financial Condition Report and Quantitative Reporting Templates

MIDAC&MADAC YE 2017 Solvency Financial Condition Report

Laguna Life DAC Solvency Financial Condition Report and Quantitative Reporting Templates

Laguna Life DAC YE 2017 Quantitative Reporting Templates

Laguna Life DAC YE 2017 Solvency Financial Condition Report

 

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.

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+1 441 400 9300

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

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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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