Sixth Street To Acquire Stake In Monument Re
Sixth Street announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re.
A spokesperson said, “Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re [Monument or the Company], a premier pan-European insurance consolidator, and support the Company’s long-term strategic growth plan. Hannover Re will continue as a key shareholder and remains committed to Monument and Sixth Street’s strategy for the business moving forward.
“Monument is a strategic partner to the European insurance market, offering execution‑focused capabilities to acquire and manage in‑force life insurance portfolios and deliver tailored risk‑transfer and reinsurance solutions across multiple jurisdictions. This transaction will provide Monument with fresh capital and resources to accelerate its strategic initiatives and further strengthen its market position. Following closing, Monument will continue to operate as a standalone Company and will continue to service its policyholders.”
“We are excited to partner with Monument and Hannover Re as we expand our global insurance footprint,” said Rohan Singhal, Partner and Head of Insurance at Sixth Street. “This investment reflects our deep conviction in the European market and our approach of partnering with strategics as a model for success. We look forward to fulfilling Monument’s potential as a leading consolidator in its core markets, while maintaining a focus on long-term security for policyholders.”
“We welcome Sixth Street’s investment in Monument and view it as an important step for the Company’s future growth and development. Hannover Re values the strong partnership with Monument and will continue to support the Company as a reinsurance partner and shareholder,” said Brona Magee, Executive Board Member for Life & Health at Hannover Re.
“Monument is excited about the support our shareholders are showing at this pivotal moment for our Company. The combined market presence and deep expertise of Sixth Street and Hannover Re put us in a fantastic position as we continue on our growth path,” said Carlo Elsinghorst, Group Chief Executive Officer of Monument Re.
A spokesperson added, “Sixth Street Insurance is a premier strategic partner to leading insurers, advising on more than $125 billion of insurance company assets and making direct investments through a highly flexible global platform. Leveraging an extensive presence across North America and Europe, Sixth Street Insurance combines long‑term capital with specialist asset liability management expertise to deliver bespoke balance sheet solutions for life and P&C insurers.
“The transaction is expected to close by the end of 2026 and is subject to regulatory approvals and other customary closing conditions.”
