About Monument Re Group
Monument Re Group, headquartered in Hamilton, Bermuda, is a prominent player in the European insurance market, specializing in acquisitions and reinsurance. Established as an asset-intensive reinsurer, Monument Re aims to manage and assume asset-based risks within its defined risk appetite. The company focuses on efficiently operating these businesses or portfolios across Europe.
Strategic Location and Regulatory Compliance
The choice of Bermuda as the base for Monument Re is strategic, leveraging the Bermuda Monetary Authority's reputable standing and Bermuda’s achievement of full Solvency II equivalence. This positioning allows Monument Re to operate under a robust regulatory framework, ensuring compliance and stability in its operations.
Strong Backing and Partnerships
Monument Re is supported by high-quality shareholders, including Hannover Re, the world’s third-largest reinsurer; NYSE-listed Enstar, a leading property and casualty run-off consolidator; and E-L Financial, the parent company of Canadian life insurer Empire Life. These partnerships underscore the company’s strong foundation and commitment to growth and stability in the reinsurance sector.
Working at Monument Re Group
Monument Re offers a dynamic and supportive work environment where employees are encouraged to grow professionally. The company values innovation, integrity, and teamwork, and seeks individuals who are committed to excellence and eager to contribute to the insurance sector. Employees benefit from competitive compensation packages, comprehensive health benefits, and opportunities for professional development.
Company Culture and Values
The culture at Monument Re is built on a foundation of respect, collaboration, and professionalism. The company fosters an inclusive environment where diverse ideas and perspectives are welcomed. Monument Re’s core values include dedication to client service, operational efficiency, and maintaining a responsive and adaptable business model.
Conclusion
Monument Re Group is an ideal place for professionals looking to make a significant impact in the reinsurance industry. With its strategic location, strong backing, and commitment to regulatory compliance and operational excellence, Monument Re continues to be a leading choice for European life insurers seeking capital synergies.
