Stephan Pastor, Anne-Fleur Grillot and Juliette Henry provide the latest updates on this topic in the article "Legal requirements of life insurance, an alternative form of investment", published in the Monaco Banking & Finance 2019-2020 review.
Extract:
"Many foreign insurance companies offer their products to Monaco residents.
This activity, subject to approval by Monaco's government, is regulated by two main laws, including an agreement concluded with France in May 1963, and enforced by sovereign ordinance."
Access the Monaco Banking & Finance 2019-2020 journal.