Clifford Chance
Clifford Chance advises AXA Belgium on the transfer of a EUR 2.6 billion closed book of life insurances to Monument Re
23 December 2021
- Niek De Pauw, Lounia Czupper, , Alexandre Ooms, Anastasios Tomtsis, , James Cashier, Kate Wilson, Thomas Linard de Guertechin, Aleksander Tombiński, , Gert Cuppens
- Brussels, London
Clifford Chance advises AXA Belgium on the transfer of a EUR 2.6 billion closed book of life insurances to Monument Re
Clifford Chance is advising AXA Belgium on the transfer of a closed book of life insurances with BEGAAP provisions of EUR 2.6 billion to Monument Re, through its subsidiary Monument Assurance Belgium. The transaction was announced on 21 December 2021. Closing of the transaction is subject to regulatory approvals.
The Clifford Chance team advising AXA Belgium was led by Brussels-based partners Niek De Pauw (corporate) and Lounia Czupper (regulatory), with the support of London-based partner Narind Singh of our Financial Institutions Group, as well as Audrey Demeyer in Brussels and James Cashier and Kate Wilson in London. Other team members included Brussels-based tax partner Alexandre Ooms and tax associate Thomas Linard de Guertechin, antitrust partner Anastasios Tomtsis and associates Aleksander Tombinski and Romain Perrois, as well as employment counsel Gert Cuppens.
