This timeline highlights the key moments that have shaped the Compre journey.
As we continue to evolve, we remain focused on our core values and meeting the current and future needs of our clients.
Acquired Covéa’s US subsidiary and appointed former CEO John Howard as independent non-executive chairman.
Delivered landmark results, with gross insurance reserves under management growing 112% YoY to $1.6bn by year-end 2023.
Announced a major LPT (Loss Portfolio Transfer) with Sirius Point
Raised c.$200m in subordinated Tier 2 debt and redomiciled to Bermuda.
Cinven & BCI acquire a majority stake
Approval of Syndicate 1994 and completion of two RITCs
Pallas Re 3B reinsurer approved and first US transaction completed
Irish legal transfer with PartnerRe and further transactions including Baloise, Hannover Re and AG
First Italian legal transfer with Generali, including international business
Transactions with Gjensidige, Hannover Re and Allianz signed
Compre forms first legacy focused SE in the UK and redomiciles to Malta
Growth capital from CBPE to support management investment and replace Milestone funding; number of underwriting pool transactions including Ridgwel Fox & Gibbon
First MBO, Raising Capital Growth from Milestone Capital Partners to support management investment
Joint venture with Cargill, Acquires Bothnia International Insurance Company; serves as the primary EU based risk carrier
1994 was the year of the first run-off company acquisition
Compre were formed in 1991