Bedell advises on Nordben Life buyout
LAW FIRM Bedell Cristin acted as counsel to Monument Re on its acquisition of Nordben Life and Pension Insurance after regulatory approval from the Guernsey Financial Services Commission.
Monument Re Limited is a Bermuda-based reinsurer established to operate as an asset-intensive reinsurer and acquirer in Europe.
Its latest purchase was from BenCo Insurance Holding.
Bedell Cristin’s Guernsey team, led by partner Richard Sharp and assisted by managing associate Lee Osborne and legal assistant Jenny Mills, provided corporate and regulatory advice.
The Bedell team worked alongside lead counsel for Monument Re, Travers Smith LLP.
‘Bedell Cristin is pleased to have assisted with this transaction.
‘Our depth of experience of insurance and regulatory issues enabled us to provide pragmatic commercial advice on the Guernsey aspects of this transaction,’ said Mr Sharp.
