Monument Re Complete Acquisition From Zurich
Monument Re announced today that its Isle of Man subsidiary Monument International Life Assurance Company Limited [MILAC] has completed the acquisition of the closed book portfolio of Zurich International Life Limited’s [ZILL] Singapore long term life insurance business.
A spokesperson said, “The ZILL Singapore branch portfolio and employees have transferred into the Singapore branch of MILAC following receipt of court and regulatory approvals in the Isle of Man and Singapore.”
