Monument Re Acquires AME Life Lux S.A.

Monument Re announced that its Luxembourg subsidiary Monument Assurance Luxembourg S.A. has completed the acquisition of AME Life Lux S.A. [AMELL] from French Mutual Insurance Group, Covéa, following receipt of regulatory approval from the Commissariat aux Assurances. Financial terms of the transaction were not disclosed. A spokesperson said, “AMELL is a well-established Luxembourg-based life insurance […]

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