We provide flexible, regulatory-approved transaction structures tailored to your business case and strategic objectives.
We provide capital and liability solutions
We protect clients’ reputation through diligent and proactive claims management; your clients are our clients.
Collaboration through long terms partnership
At Compre, we offer certainty, partnership, and performance. We forge lasting relationships built on trust, collaboration, and disciplined deal-making.
With global reach and local expertise across Europe, North America, and Lloyd’s, we deliver tailored legacy solutions that align with our risk appetite and create sustainable value. Our focus on underwriting and claims excellence helps our clients release capital, manage risk effectively, and focus on the future.
Through our extensive experience and diverse skills sets, we offer bespoke capital and liability solutions that enable our clients to reach their own business objectives and to focus on what is core for them. We deliver transaction and execution excellence through our one-team approach.
We have significant experience in multiple classes of direct and reinsurance business, particularly in US asbestos and environmental; other classes include property, liability, marine, medical malpractice, habitation and motor.
Benefits of partnering
Compre’s strategy is driven by building long term client relationships and structuring solutions to meet the transaction rationale and business case for our clients in multiple geographies.
Our solution overview
Each solution is designed with flexibility, alignment, and long-term partnership in mind. We go beyond pure risk transfer to offer consultancy and post-deal management, ensuring our clients achieve their strategic and financial objective
We have significant experience in multiple classes of direct and reinsurance business, particularly in US asbestos and environmental; other classes include property, liability, marine, medical malpractice, habitation and motor.
Retrospective Reinsurance
Loss Portfolio Transfer ‘LPT’
Provides economic finality and risk reduction
Flexibility on claims control
Regulatory approval by Compre’s home regulator
Portfolio Transfer
Provides both economic and legal finality
Compre assumes full claims control
Regulatory approval managed in home jurisdictions
Company Acquisition
Complete exit via entity sale
Full economic and legal finality
Efficient capital release and operational simplification
Flexible transaction structuring
Attuned to client motivation and alignment
Focus on post-deal stakeholder management
Partnership by providing value-added services and consultancy.
Decisive, diligent and delivering on client objectives
Compre’s largest ever transaction of $1.3bn of insurance liabilities
Initial discussions
Dec 22
Deal signing
Mar 23
Deal completion
June 23
Client objectives
Facilitate a strategic repositioning to focus on a balance of direct & reinsurance business
Exit from Property Cat reinsurance & certain local markets
Releasing capital and operational resource to support go-forward underwriting strategy
Retention of Assets Backing Reserves to support liquidity management
Hybrid claims management to support new claims leadership
Execution speed and certainty to support market messaging
Client objectives
Loss Portfolio Transfer mechanism to provide maximum economic finality
Quick regulatory approval process and contract execution
Collaborative diligence process
Premium retained by the client to provide flexibility around liquidity
Collaborative post-deal operational approach
Client to retain control of key accounts and Compre to support efficient claims management
Overview of $1.3bn Portfolio
Liabilities by segment
Liabilities by region
“We are delighted to assist SiriusPoint with the strategic repositioning of its reinsurance business. This transaction continues a valuable relationship, providing both significant diversification and growth to our balance sheet and enabling SiriusPoint to meet its strategic goals.”
Will Bridger, Compre CEO
“This is a transformational deal for SiriusPoint. The expected substantial capital release should further increase our balance sheet strength. I am pleased we are partnering with Compre once again, continuing a valued relationship with a transaction that supports us in realising SiriusPoint’s full potential.”
Scott Egan, SiriusPoint CEO