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Monument Assurance Belgium and Intégrale Reach Agreement for the Transfer of Intégrale’s Entire Portfolio and Staff to MAB
May 7, 2021 GMT
BRUSSELS--(BUSINESS WIRE)--May 7, 2021--
Monument Assurance Belgium (“MAB”) and Intégrale have reached an agreement under which MAB will acquire the entire portfolio and all the staff of the insurance company Intégrale. This agreement follows a firm offer from MAB, which was considered by the provisional administrators appointed by the National Bank of Belgium (“NBB”) to be that which best meets the interests of Intégrale policyholders and staff. The transaction remains subject to the final approval of the NBB.