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  • Monument Re announced today that it has completed the acquisition of GreyCastle Holdings Ltd. ('GreyCastle') and its subsidiaries, which include GreyCastle Life Reinsurance (SAC) Ltd. and GreyCastle Services Ltd., following receipt of regulatory approval from the Bermuda Monetary Authority. About GreyCastle GreyCastle was founded in 2014 by a group of institutional investors to reinsure a block of XL Life Reinsurance life and annuity liabilities of approximately USD4bn. About Monument Re Monument Re Limited is a life Reinsurance and Insurance Holding Company with a presence in Bermuda, Ireland, Belgium, Luxembourg, the Netherlands and Guernsey, with branches in Spain, Italy, France and Germany. Monument Re operates as a reinsurer and acquirer of European asset intensive portfolios. Through this strategy, Monument Re assumes asset-based risks within its risk appetite and efficiently operates these businesses or portfolios. Monument Re is subject to Group Supervision by the Bermuda Monetary Authority. To learn more, please visit www.monumentregroup.com or contact Manfred Maske, CEO, info@monumentregroup.com. View source version on businesswire.com: Contact Manfred Maske, CEO, info@monumentregroup.com © 2020 Business Wire, Inc. Disclaimer: This material is not an AFP editorial material, and AFP shall not bear responsibility for the accuracy of its content. In case you have any questions about the content, kindly refer to the contact person/entity mentioned in the text of the release.
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  • Press Release from Business Wire: Monument Re
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