M&A Deal Summary

Monument Re Acquires LCL International Life Assurance Co.

On August 25, 2020, Monument Re acquired insurance company LCL International Life Assurance Co. from Charles Taylor

Acquisition Highlights
  • This is Monument Re’s 11th transaction in the Insurance sector.
  • This is Monument Re’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-08-25
Target LCL International Life Assurance Co.
Sector Insurance
Buyer(s) Monument Re
Sellers(s) Charles Taylor
Deal Type Divestiture

Target

LCL International Life Assurance Co.

United Kingdom
LCL International Life Assurance Co. Ltd. is a provider of professional services and technology solutions dedicated to enabling the global insurance market.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Monument Re

Hamilton, Bermuda

Category Company
Founded 2016
Sector Insurance
DESCRIPTION

Monument Re Ltd. is a provider of insurance services. Monument was founded in 2016 and is based in Hamilton, Bermuda.


DEAL STATS #
Overall 12 of 14
Sector: Insurance M&A 11 of 13
Type: Divestiture M&A Deals 11 of 13
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-27 GreyCastle Holdings

Hamilton, Bermuda

GreyCastle Holdings Ltd. is a Bermuda-based reinsurance business capitalized to an S&P AA level. The company is organized and run by veteran insurance executive Raymond Brooks, and has a highly-skilled, experienced, and growing team of over 30 professionals in Bermuda and London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-21 AMELL

Bertrange, Luxembourg

AMELL is a well-established Luxembourg-based life insurance company with a market presence in Luxembourg and Belgium.

Buy -

Seller(S) 1

SELLER

Charles Taylor

London, United Kingdom

Category Company
Founded 1996
Sector Business Services
Employees3,086
Revenue 264M GBP (2018)
DESCRIPTION

Charles Taylor is an international provider of professional services and technology solutions to the global insurance market, providing loss adjusting, claims management, insurance management, and insurance technology. Charles Taylor was founded in 1996 and is based in London, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 FGR Group

Santiago, Chile

The FGR Group is a specialist provider of technical loss adjusting and claims program management services. The Company is based in Santiago, Chile.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-18 SBSA

Golden, Colorado, United States

SBSA, Inc. is a full-service engineering and architectural firm. SBSA is based in Golden, Colorado.

Buy -