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Intégrale to be liquidated

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Magazine Issue: 
Insurance: the new trends [3]
Magazine date: 
Jan 2022

Integrale assurancePlaced under the supervision of the National Bank of Belgium since 2020, the Liège-based insurer Intégrale was put into liquidation. The company has been facing solvency problems and lack of liquidity.

In December 2021, Intégrale transferred its insurance portfolio and assets to Monument Assurances Belgium, a subsidiary of the Monument Re group. This operation aims to protect the pension plans and investments of the 170 000 clients and staff.

On 12 January 2022, the company's shareholders called for an extraordinary general meeting to appoint a liquidator.

Read also | Run-off or winding-up of portfolio [4]

Thu, 13/01/2022 - 16:04

Source URL: https://www.atlas-mag.net/en/article/integrale-to-be-liquidated

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-187-january-2022
[4] https://www.atlas-mag.net/en/article/the-run-off