Monument Re completed the acquistion of GreyCastle.

Monument Re, a life reinsurance and insurance holding company, completed the acquisition of GreyCastle, a reinsurance business capitalized to an S&P AA level. Financial terms were not disclosed. “This transaction represents a significant strategic milestone for Monument Re and is especially pleasing given the challenge of current conditions arising from the Coronavirus. We look forward to welcoming the GreyCastle team to the Monument Group as we continue growing our business internationally,” Manfred Maske, Monument Re Group CEO.