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Insurance business transfer from Integrale Luxembourg S.A. ("ILux")
to Monument Assurance Luxembourg S.A. ("MAL")
On 16th May 2023, Monument Re Limited announced that its Luxembourg
subsidiary, MAL, reached an agreement with ILux to acquire its closed book
portfolio of long term life insurance business (the
"Portfolio").
The
Portfolio serves mainly the Luxembourgish, Dutch, French, German and Belgian
markets, and is strategically aligned to MAL's existing insurance business
(serving an equivalent client base).
The announcement (described above) was published on the Monument Re website
at:
https://monumentregroup.com/monument-re-acquires-portfolio-from-integrale-lux-s-a/
The transfer of the Portfolio was approved by the CAA on 23rd January 2024.
As a consequence, the effective transfer of the Portfolio was completed and
entered into force on 31st January 2024 at 00:01. Please be advised that a complete policyholder communication was issued in February 2024 and the contact details you require are below.
Monument Assurance Luxembourg
S.A. Atrium Business Park
29, rue du Puits Romain
L-8070 Bertrange
Tel : +352 26 49 81
E-mail :
operations-IL@monumentassurance.lu
The below link provides electronic access to the policyholder communication released to Dutch resident policyholders.
https://www.monumentassurance.lu/integraleluxembourgportfoliotransferdocumentlibrary
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