Monument Assurance Belgium completed the acquisition of branch 21 life insurance portfolio.

Monument Assurance Belgium, a Belgian life assurance company, completed the acquisition of branch 21 life insurance portfolio from Contassur, a pension schemes management and financing company. Financial terms were not disclosed. "We are pleased to be able to announce that we have completed the acquisition of this portfolio of Contassur, which is a new positive step in our consolidation strategy for Belgium," Koen Depaemelaere, Monument Assurance Belgium CEO and Carlo Elsinghorst, Monument Re Group CEO.