Announced
Synopsis
Monument Assurance Belgium, Monument Re subsidiary and insurance company, agreed to acquire Alpha Insurance. Financial terms were not disclosed. Alpha Insurance is a Belgian composite insurance company authorised by the National Bank of Belgium. Alpha Insurance SA is a wholly-owned subsidiary of Enstar Group Limited. In accordance with the approval of the National Bank of Belgium, the portfolio transfer into Monument Assurance Belgium is made effective 31 May 2019, with the policy terms and conditions unchanged.
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