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16 August 2023Insurance

Monument Re said to consider sale as solvency slides

Bermuda-based legacy life and run-off reinsurer  Monument Re may put itself up for sale, one of a number of scenarios being mulled after solvency readings nosed down in 2022, Reuters reported, citing unspecified individuals familiar with the matter.

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Insurance
22 May 2023   The deal will be conducted via Monument’s Luxembourg subsidiary.
Insurance
5 October 2023   To be replaced by the company’s group chief financial officer.