Monument Re Acquires Cattolica Life
Monument Re announced that, subject to regulatory approval, it has acquired Cattolica Life DAC from Cattolica Assicurazioni. Cattolica Life is a life insurer domiciled in Ireland which ceased new activity since 2017. The transaction will have no impact on Cattolica Life DAC clients and policyholders.
Change of control of the company will follow satisfaction of customary closing conditions, including receipt of regulatory approvals.
