Menzis, a Dutch health insurance company with about €2 billion ($2.4 billion) in overall assets, hired BNY Mellon Asset Servicing as global custodian, according to a news release from BNY Mellon.
BNY Mellon will also provide Menzis with Solvency II reporting, and other services related to portfolio performance, risk management and compliance monitoring.
Neither BNY Mellon spokesman Tim Steele nor Menzis spokesman Michael Verheul could be reached for further information by press time.