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Stock impact report

Monument Re Completes Acquisition of Portfolio from Alpha Insurance SA

Enstar Group Ltd (ESGR)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: enstargroup.com/investor-relations
PDF HAMILTON, Bermuda--(BUSINESS WIRE)-- Monument Re announced today that its European subsidiary Monument Assurance Belgium NV completed the acquisition of a run-off portfolio of traditional life and credit life business from Alpha Insurance SA, a Belgian composite insurance company. Alpha Insurance SA is a wholly-owned subsidiary of Enstar Group Limited. The terms of the transaction were not disclosed. In accordance with the approval of the National Bank of Belgium (“NBB”), the portfolio transfer into Monument Assurance Belgium is made effective 31 May 2019, with the policy terms and conditions unchanged. About Alpha Insurance S.A. Alpha Insurance SA, formerly “Nationale Suisse Belgium”, is a Belgian composite insurance company authorised by the National Bank of Belgium. Alpha Insurance SA is a wholly-owned subsidiary of Enstar Group Limited (Nasdaq: ESGR). About Monument Re an [Read more]
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