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Announced

Monument Assurance Belgium to acquire Intégrale.

Synopsis

Monument Assurance Belgium, a Belgian life assurance company, agreed to acquire Intégrale, a Belgian life assurance company offering group and personal supplementary pension plans. Financial terms were not disclosed. “We are delighted to have reached this agreement with Intégrale. Acquiring the portfolio of Intégrale allows us to secure policyholders’ benefits and the continuity of employment of the staff of Intégrale. It fits perfectly with our strategy of growth and consolidation in Belgium and strengthens our position as the leading life insurance consolidator," Koen Depaemelaere, MAB CEO.

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