07/11/19
Compre, the independent legacy specialist, today announces 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 territories, predominantly US. The transaction, which is subject to approval by the National Bank of Belgium, is Compre’s second with AG, after it acquired AG’s UK branch business in January 2017.
Will Bridger, CEO of Compre, said: “I am extremely pleased to announce the conclusion of our second transaction with AG Insurance SA. Compre has delivered finality across a variety of jurisdictions for this highly reputable and long-established business, further highlighting our excellent reputation among large European insurance groups.”
22/02/21 Compre completes second Lloyd’s RITC with Coverys – AXA LM syndicate
15/02/21 Compre establishes Lloyd’s syndicate and completes Apollo RITC
30/11/20 Compre targets future growth with Cinven and BCI backing
14/10/20 Compre completes first US transaction and senior Bermuda hire
12/10/20 Compre strengthens board for further growth
15/09/20 Compre announces capital raise
02/07/20 Compre signs further legacy transaction with QBE
24/06/20 Compre announces approval of Class 3A reinsurer in Bermuda
07/11/19 Compre acquires further legacy portfolio from AG Insurance
20/12/18 Compre receives regulatory approval for Generali legacy transaction
12/12/17 Compre Completes Eighth Acquisition of 2017 and its Largest to Date
04/12/17 Compre Announces Succession Management Changes
16/11/17 Compre Announces Seventh Acquisition of 2017
04/09/17 Compre Announces Sixth Acquisition of the Year
21/08/17 Compre Completes Fifth Acquisition of the Year
03/07/17 Compre Launches Maltese Insurance Company
12/06/17 Compre Confirms Fourth Acquisition of 2017
23/01/17 Compre Announces Third Acquisition This Year