Monument Re and AXA Belgium Agree the Transfer of a Run-off Life Insurance Portfolio

Monument Re, through its subsidiary Monument Assurance Belgium, and AXA Belgium have agreed today for the transfer of a run-off life insurance portfolio with BEGAAP provisions of EUR2.6bn, subject to regulatory approvals. Koen Depaemelaere, CEO of Monument Assurance Belgium, said:. Monument Assurance Belgium is a Belgian life assurance company regulated by...

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