Nick Steer News

Compre Announces Bridger & Lawson to Become Co-CEOs, Succeeding Steer

Compre, the independent insurance and reinsurance legacy specialist, announced that Nick Steer, a founding director, will step down as group CEO in March 2018. He will remain within the group as non-executive deputy chairman, advising on future acquisitions. Will Bridger, …

Compre Acquires Legacy Portfolio from Noway’s Gjensidige Forsikring

Compre, the London-based insurance and reinsurance legacy specialist, announced it has acquired a further legacy portfolio from Norwegian insurer Gjensidige Forsikring ASA for an undisclosed sum. The portfolio comprises U.S. asbestos, pollution and health hazard (APH) risks underwritten between 1983 …

Legacy Specialist Compre to Acquire Irish Captive Insurer Equinox CA Europe

Compre, the independent insurance and reinsurance legacy specialist, today announces it has agreed to acquire Equinox CA Europe, a captive insurer of global engineering and construction conglomerate SNC-Lavalin. The Ireland-based captive insured the activities of SNC-Lavalin’s business in France from …

Compre Buys Re/Insurance Run-Off of UK Branch of AG Insurance

Compre, the London-based legacy specialist, announced it has agreed to acquire all of the insurance and reinsurance business in run-off of the UK branch of AG Insurance SA for an undisclosed sum. The transaction is structured as a loss portfolio …

Run-Off Specialist Compre to Buy Allianz IARD’s Pool Legacy Business

Compre, the independent insurance and reinsurance legacy specialist, has agreed to acquire Allianz IARD’s Ridgwell Fox & Partners (RFP) pool legacy reinsurance business for an undisclosed sum. RFP is a reinsurance pool containing run-off liabilities of Allianz IARD and five …

Run-off Specialist Compre Completes Restructuring to Reduce Cost Base

Compre, the London-based independent insurance and reinsurance legacy specialist, announced the completion of a group-wide restructure, designed to reduce its cost base in preparation for further acquisitions. The run-off consolidator has so far undertaken three acquisitions in 2016 and will …

Legacy Specialist Compre Arranges Deals with QBE and German Mutual

Compre, the London-based insurance and reinsurance legacy specialist, announced the signing of an agreement to acquire QBE’s share of the Ridgwell Fox & Partners’ (RFP) pool legacy reinsurance business. The transaction is structured as a loss portfolio transfer, to be …