NEWS

Monument Re completes acquisition of Aspecta Assurance International Luxembourg S.A. (“Aspecta”).

Hamilton, Bermuda
5 October 2018

Monument Re announced today that it has completed the acquisition of Aspecta following receipt of regulatory approval by the Commissariat aux Assurances (“CAA”).  Aspecta has been renamed as Monument Assurance Luxembourg.

Manfred Maske, CEO of Monument Re Group, said:

“We are pleased to announce the regulatory approval from the Commissariat aux Assurances and the completion of our acquisition of Aspecta in Luxembourg. With this platform for consolidation of run-off portfolios or entities established in Luxembourg, we look forward to further growth.”

About Monument Re

Monument Re Limited (“Monument Re”) is a Class E reinsurer subject to Group Supervision by the Bermuda Monetary Authority (“BMA”).  Monument Re is a Bermuda based reinsurer established to operate as an asset intensive reinsurer and acquirer in Europe.

The group of companies has established presence in Bermuda, Ireland, Belgium, Luxembourg and the Netherlands (subject to regulatory approval).

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4 Par-la-Ville Road
Hamilton HM08
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+1 441 400 9300

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Upper Hatch Street,
Dublin 2
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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
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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