Compre Group Holdings Limited (‘Compre’), the Bermuda-domiciled international specialist reinsurance group, today announced its participation in George Street Re, QBE Re’s debut casualty sidecar. QBE Re is the reinsurance division of global insurance group QBE.

The QBE Re transaction, which exceeds US$550 million in fully collateralised quota share reinsurance, marks its entry into the casualty sidecar market. Compre has participated in a defined portion of the sidecar, reflecting its expanding appetite for low-volatility, long-tailed underwriting lines and its continued commitment to innovative capital solutions across the reinsurance value chain.

George Street Re reinsures a portion of QBE Re’s global casualty reinsurance portfolio. For Compre, the transaction aligns closely with its strategy of selectively deploying capital into well-structured, long-duration casualty risks with attractive risk-adjusted returns.

Importantly, Compre’s involvement also supports a structure that offers forward exit mechanisms for other capital providers, reinforcing Compre’s ability to partner with sponsors and investors seeking both flexibility and certainty over capital duration.

Rachel Bardon, Chief Underwriting Officer said:
“George Street Re represents a high-quality application of third-party capital to global casualty reinsurance. Our participation reflects Compre’s growing appetite for low-volatility, long-tailed underwriting lines and our ability to support structures that balance long-term risk transfer with forward exit flexibility for capital providers.”

The transaction further strengthens Compre’s role as a long-term, strategic participant in the evolving reinsurance and insurance-linked capital markets.

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For further information please contact:

Compre
David Haggie / Richard Adams / Olivia Thomson, Haggie Partners
+44 20 7562 4444

About Compre:

Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of discontinued and legacy non-life insurance and reinsurance business. Compre has experience of acquiring most classes of direct and reinsurance business, including general liability, marine and motor liability, and US APH. Compre has operations in Bermuda, Finland, Germany, Ireland, Malta, Switzerland, the UK and at Lloyd’s.

www.compre-group.com