Reinsurer Monument Re has announced the acquisition of Robein Leven N.V. and its subsidiaries from Amerborgh Financial Services B.V.
The Bermuda domiciled reinsurance company’s acquisition of the Netherlands-based closed life insurer, Robein Leven, will follow satisfaction of customary closing conditions, which includes the receipt of regulatory approvals.
Chief Executive Officer (CEO) of Monument Re Group, Manfred Maske, said: “It has been a pleasure to work with Amerborgh and to be able to announce this transaction. The acquisition of Robein Leven establishes our long-term presence in the Netherlands as part of our Benelux strategy.”
Dus Fabius, Managing Director of Robein Leven, and Matthijs Vernooij, Director, added: “We are delighted to become part of an innovative and ambitious organisation and are excited to contribute to Monument Re’s growth strategy in the Benelux.”