July 3, 2023
SiriusPoint Ltd., the Bermuda-based re/insurer, announced it has completed a ground-up loss portfolio transfer (LPT) of a portfolio of primarily reinsurance business with the legacy acquisition specialist Compre. This is the second LPT the companies have partnered on. Compre assumed …
October 20, 2022
Compre, the Bermuda headquartered legacy group, announced it has signed agreements to acquire the Irish subsidiary of Covéa, Medical Insurance Co. DAC (MIC), which provided general liability insurance covering professional medical malpractice risks. MIC entered into run-off in 2015. Compre …
November 8, 2021
Compre, the London-based specialist legacy group, announced the completion of its acquisition of a US$417 million legacy liability portfolio of SiriusPoint Ltd., having received all necessary regulatory approvals. The transaction, structured as a loss portfolio transfer, has been underwritten by …
December 1, 2020
Cinven, an international private equity firm, and British Columbia Investment Management Corp. (BCI), one of Canada’s largest institutional investors, announced they have reached an agreement to acquire Compre, a specialist global consolidator of closed books of non-life insurance policies, from …
July 2, 2020
Compre, the London-based independent re/insurance legacy specialist, announced it has signed its second legacy transaction with QBE for an undisclosed sum. The transaction follows Compre’s acquisition of QBE’s share of the Ridgwell Fox & Partners pool legacy reinsurance business in …
November 7, 2019
Compre, the London-based independent re/insurance legacy specialist, announced it has signed agreements to transfer an inwards reinsurance portfolio from AG Insurance SA for an undisclosed sum. The Belgian insurer’s portfolio comprises business in run-off across a range of lines and …
June 19, 2019
Compre, the London-based independent re/insurance legacy specialist, announced it has signed three transactions involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Co. Ltd. (Helvetia), and an undisclosed European insurance group. Compre has acquired each company’s share of the Gibbon Pools, …
December 4, 2017
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, …
August 28, 2017
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 …
June 20, 2017
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 …