Monument Assurance Luxembourg Acquires AME Life Luxembourg ("AMELL") From Covéa
b'Monument Re announced today that, subject to necessary regulatory approval, Monument Assurance Luxembourg will acquire AME Life Luxembourg (\xe2\x80\x9cAMELL\xe2\x80\x9d) from French Mutual Insurance Group Cov\xc3\xa9a.
- b'Monument Re announced today that, subject to necessary regulatory approval, Monument Assurance Luxembourg will acquire AME Life Luxembourg (\xe2\x80\x9cAMELL\xe2\x80\x9d) from French Mutual Insurance Group Cov\xc3\xa9a.
- AMELL is a well-established Luxembourg-based life insurance company with market presence in Luxembourg, Belgium and Italy.
- The Monument Re Group also operates through its subsidiaries in Belgium, the Netherlands, Ireland, Isle of Man, Guernsey, and Luxembourg, with branches in Spain, Italy and Germany.
- Each entity is subject to local regulation and Monument Re is subject to Group Supervision by the Bermuda Monetary Authority.\nMonument Assurance Luxembourg S.A. (\xe2\x80\x98MAL\xe2\x80\x99) is a fully licensed Luxembourg Insurance company regulated by the Commissariat aux Assurances.