Independent specialty legacy acquirer Compre has announced the appointment of Anson Aguiar as Chief Underwriting Officer of Pallas Reinsurance Company Ltd. (Pallas Re), Compre’s recently-launched class 3A Bermudian reinsurer.
He joins Pallas Re from Randall & Quilter Investment Holdings, where he served as Senior Vice President, Legacy M&A.
Aguiar brings fourteen years’ experience in the US casualty market, having spent much of his career at AIG, and will support Compre’s development in the North American legacy market.
Compre also announced the completion of its first US transaction, which involved a ground-up loss portfolio transfer for risks underwritten in the last two years.
Tiger Risk acted as the broker on this transaction and Compre was advised by New York law firm Gerber Ciano Kelly Brady and PwC.
“I am delighted to announce these strategic milestones for Compre and particularly our Bermudian reinsurer, Pallas Re,” said Compre CEO Will Bridger.
“We are extremely well positioned to continue to grow our North American business at an exciting time for the market,” he continued.
“With extensive US casualty experience, Anson will be a tremendous asset in spearheading Compre’s development in North America and bringing our highly credible and client-centric proposition to this important market.”
