??Monument Re, a Bermuda-domiciled reinsurer, has announced it has agreed to acquire Irish reinsurer Inora
Life DAC from France-based financial services group Societe Generale, the company said.
The transaction will have no impact on Inora Life DAC clients and policyholders.
Monument Re Group said the acquisition of Inora aligns with its growth and consolidation strategy in Ireland.
Monument Re has said that it has signed a definitive agreement to acquire Inora Life DAC from Societe Generale(SocGen) (SOGN.PA) (OTC: SCGLY) (GLE.FR).
Based in Ireland, Inora Life is a life insurer that currently manages a portfolio of unit-linked insurance products.
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M2 EQUITYBITES-March 29, 2019-Monument Re Acquires Inora
Life DAC from Societe Generale
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