M&A Deal Summary

Monument Re Acquires Alpha Insurance S.A. - Life & Credit Life Business

On November 8, 2018, Monument Re acquired insurance company Alpha Insurance S.A. - Life & Credit Life Business from Alpha Insurance S.A.

Acquisition Highlights
  • This is Monument Re’s 5th transaction in the Insurance sector.
  • This is Monument Re’s 2nd transaction in Belgium.

M&A Deal Summary

Date 2018-11-08
Target Alpha Insurance S.A. - Life & Credit Life Business
Sector Insurance
Buyer(s) Monument Re
Sellers(s) Alpha Insurance S.A.
Deal Type Divestiture

Target

Alpha Insurance S.A. - Life & Credit Life Business

Brussels, Belgium
Alpha Insurance S.A. - the portfolio of traditional life and credit life business operates as a closed book consolidator of life portfolios in Belgium.

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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 5 of 14
Sector: Insurance M&A 5 of 13
Type: Divestiture M&A Deals 5 of 13
Country: Belgium M&A 2 of 3
Year: 2018 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 Robein Leven N.V.

The Hague, Netherlands

Robein Leven N.V. is a provider of insurance services. Robein Leven was founded in 1981 and is based in The Hague, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-21 Nordben Life and Pension Insurance Co.

Guernsey, Channel Islands

Nordben Life and Pension Insurance Co. Ltd. is a Guernsey-based company, is licensed to carry out long-term and general insurance business, including domestic business.

Buy -

Seller(S) 1

SELLER

Alpha Insurance S.A.

Brussels, Belgium

Category Company
Sector Insurance
DESCRIPTION

Alpha Insurance S.A. is a Belgian composite insurance company, authorized by the National Bank of Belgium. Whilst Alpha no longer issues new business, it does continue to service the remaining in-force business. Alpha’s operations will continue to focus on efficient client servicing & claims management while ensuring service levels to existing policyholders are maintained.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1