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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.
Monument Belgium, Intégrale Transaction
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.”
A spokesperson said, “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.
“During the transition period, MAB and Intégrale will take all steps necessary to prepare for a seamless transfer for policyholders, brokers and staff. In the meantime, Intégrale’s staff will continue to service policyholders and brokers as usual.
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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.
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During the transition period, MAB and Intégrale will take all steps necessary to prepare for a seamless transfer for policyholders, brokers and staff. In the meantime, Intégrale s staff will continue to service policyholders and brokers as usual.
Monument Re: Monument Assurance Belgium und Intégrale erzielen Vereinbarung über den Transfer des gesamten Portfolios und der Mitarbeiter von Intégrale zu MAB finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.