Monument Re announced today that it has completed the acquisition of Nordben Life and Pension Insurance from BenCo Insurance Holding, following receipt of regulatory approval from the Guernsey Financial Services Commission (GFSC). Manfred Maske, CEO of Monument Re Group, said: "The completion of this transaction positions the Monument Group well in executing its strategy in the Crown Dependencies." Nordben, a Guernsey-based company, is licensed to carry out long-term and general insurance business, including domestic business and is subject to regulation by the Guernsey Financial Ser...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes