M&A Deal Summary

Monument Re Acquires Zurich Insurance Co. - Singapore Life Insurance Business

On May 31, 2022, Monument Re acquired insurance company Zurich Insurance Co. - Singapore Life Insurance Business from Zurich

Acquisition Highlights
  • This is Monument Re’s 13th transaction in the Insurance sector.
  • This is Monument Re’s 1st transaction in Singapore.

M&A Deal Summary

Date 2022-05-31
Target Zurich Insurance Co. - Singapore Life Insurance Business
Sector Insurance
Buyer(s) Monument Re
Sellers(s) Zurich
Deal Type Divestiture

Target

Zurich Insurance Co. - Singapore Life Insurance Business

Singapore , Singapore
Zurich International Life Limited’s Singapore long-term life insurance business provides a wide range of insurance offerings for commercial and corporate clients under its general insurance entity.

Search 214,238 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 14 of 14
Sector: Insurance M&A 13 of 13
Type: Divestiture M&A Deals 13 of 13
Country: Singapore M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS 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

Zurich

Zurich, Switzerland

Category Company
Founded 1872
Sector Insurance
Employees60,000
Revenue 77.7B USD (2024)
DESCRIPTION
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.

Zurich is a multi-line insurer that serves its customers in global and local markets. Zurich provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. Zurich was formed in 1872 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 7 of 7
Sector: Insurance M&A 4 of 4
Type: Divestiture M&A Deals 7 of 7
Country: Singapore M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-03 Zurich - Life & Pensions Back Book

Zurich, Switzerland

Zurich's Life & Pensions Back Book provides a life and pension back book, composed of both traditional and unit-linked policies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 SpearTip

St. Louis, Missouri, United States

SpearTip is a cyber counterintelligence firm that helps protect clients against cyber threats through proactive and response services. SpearTip was founded in 2005 and is based in St. Louis, Missouri.

Buy -