Monument Re Subsidiary Acquires Zurich International Life's Singapore Closed‑Book Portfolio

Monument Re Ltd Acquires GreyCastle Holdings Ltd and Subsidiaries

March 27, 2020

Financial Services

Monument Re Ltd has signed an agreement to acquire Bermuda-domiciled GreyCastle Holdings Ltd and its subsidiaries (including GreyCastle Life Reinsurance (SAC) Ltd and GreyCastle Services) from GreyCastle’s shareholders, subject to regulatory approvals. The acquisition expands Monument Re’s life and annuity reinsurance portfolio and supports its strategy of assuming and operating asset-intensive insurance portfolios internationally.

Monument Assurance Luxembourg Absorbs AME Life Lux S.A.

October 3, 2022

Insurance

Monument Re announced that AME Life Lux S.A. will merge into Monument Assurance Luxembourg S.A. after receiving regulatory approval from the Commissariat aux Assurances. Following the merger, Monument Assurance Luxembourg will be the sole Monument Re group entity in Luxembourg as part of a corporate consolidation of legacy life portfolios.

Monument Assurance Luxembourg (Monument Re) Acquires AME Life Lux S.A. from Covéa

February 21, 2022

Insurance

Monument Assurance Luxembourg S.A., a Luxembourg subsidiary of Monument Re Group, completed the acquisition of AME Life Lux S.A. from French mutual insurance group Covéa following regulatory approval from the Commissariat aux Assurances. The deal expands Monument's Luxembourg life-insurance footprint and will not affect AME Life Lux policyholders; Monument later announced the merger of AME Life Lux into its Monument Assurance Luxembourg entity.

Viridium Group Acquires Traditional Life Insurance Portfolio from Zurich Deutscher Herold

June 24, 2022

Financial Services

Viridium Group has signed an agreement with Zurich Group Germany to acquire a portfolio of around 720,000 traditional life insurance policies (approximately €21 billion AUM) from Zurich Deutscher Herold Lebensversicherung AG. The portfolio will be migrated to the Viridium platform under a new brand, with service agreements in place for a three-year transition and regulatory approval required prior to closing.

Warburg Pincus–Lendlease JV Acquires ~S$1.6bn Singapore Life Sciences & R&D Property Portfolio

August 26, 2024

Real Estate

A joint venture platform established by Warburg Pincus and Lendlease, together with its managed investment vehicle LINO, acquired a ~S$1.6 billion portfolio of industrial life‑sciences, R&D and specialist facilities in Singapore. The assets—previously held by entities associated with Blackstone and Mr Lim Chap Huat (Soilbuild)—give the JV immediate scale in Singapore and support its strategy to build a market‑leading life sciences and R&D real estate platform in Asia Pacific.

Canopius Group Acquires Multi-Strat Holdings Ltd.

March 18, 2020

Insurance

Canopius Group Limited has completed a majority acquisition of Bermuda-headquartered reinsurance and ILS specialist Multi-Strat Holdings Ltd. The deal brings MultiStrat's casualty ILS and reinsurance advisory capabilities into Canopius' global specialty (re)insurance platform to broaden ILS capabilities and scale MultiStrat's products with Canopius' underwriting capacity and resources.