Manfred Maske, chief executive officer at Monument Re, said: “This transaction represents an important step in our consolidation strategy by further strengthening our presence in Luxembourg.”
The favorable pricing conditions, combined with the benefits we are seeing from our re-underwriting actions and significant growth in third party capital, position us well to deliver improvements in our underwriting and financial results during the remain
Recently funded projects include a £4.9m development loan to build 27 houses in Cornwall, a €1.05m bridging loan on a 23 apartment complex in South County Dublin and a £9.1m loan to build and develop 11 houses in Jersey.
Additionally, it appears that traditional investors, in which I would class myself, are now not asking whether to include crypto currencies in portfolios but how much to include.
The Sale Companies are principally STM Fiduciaire Limited, along with a number of non-revenue generating support companies, including nominee companies.
The Fund will seek to generate income and capital gains by acquiring catalogs of high quality, globally successful, enduring music copyrights and royalty streams with a focus on Canadian creators.
In the case of MDB Group, most of the bank’s charges emanated from its significant exposure to international lending, as the group only incurred an impairment charge of less than €0.4 million in relation to local lending and the Dutch mortgage