Reinsurance News
Compre
Compre enters into £250m ADC transaction with European reinsurer
23rd March 2026
International specialty reinsurance group Compre has entered into a new in-the-money adverse development cover (ADC) transaction with a European reinsurer. The agreement covers a diversified, Europe-wide liability portfolio with net reserves of approximately £250 million. The portfolio includes motor, engineering, and liability business, spanning assumed reinsurance underwriting years from 2018 to 2024. This ... Read the full article
Compre assumes portfolio of asbestos insurance liabilities from Amerisure
18th March 2026
Compre Group Holdings Limited (Compre), the Bermuda-domiciled international specialty reinsurance group, has announced that it will assume a material portfolio of asbestos insurance liabilities from Amerisure. Amerisure is a provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing, and healthcare businesses. The transaction involves the transfer of a significant ... Read the full article
Compre appoints David Atkins as Deputy CEO
6th February 2026
Bermuda-domiciled international specialty reinsurance group Compre has named David Atkins to the newly created role of Deputy CEO, based in London. According to Compre, the appointment will enhance the company’s leadership capacity to navigate greater scale and complexity while ensuring disciplined execution and clear accountability. Atkins will reportedly oversee key group functions, ... Read the full article
Compre signs LPT Agreement with French insurer Wakam
8th December 2025
Compre Group Holdings Limited, the Bermuda-domiciled international specialist reinsurance group, has signed a Loss Portfolio Transfer (LPT) agreement with French insurer Wakam S.A. (Wakam). Wakam is a B2B2C insurance company that designs tailor-made insurance solutions distributed under white label by more than 100 distribution partners through its Play&Plug® technology platform. The transaction ... Read the full article
Clayden joins Compre as interim global claims director
11th September 2025
Compre Group, the Bermuda-domiciled international specialty reinsurance group, has appointed Dominic Clayden to the newly created role of interim global claims director. Clayden has held senior roles across the industry, including group chief claims officer at QBE, where he managed more than $15bn of reserves across Europe, Lloyd’s, North America and ... Read the full article
Compre appoints Rachel Bardon as CUO
12th June 2025
Compre, a Bermuda-domiciled international legacy reinsurance group, has appointed Rachel Bardon to the newly-created role of chief underwriting officer (CUO), effective 1st September 2025. Based in Bermuda, Bardon will join Compre’s executive committee and report to Group CEO Will Bridger. She will also join the board of Compre’s Bermuda-based reinsurer, Pallas ... Read the full article
Compre completes legal transfer of European liability portfolio from Ethias
14th May 2025
Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited has completed an insurance business transfer of a portfolio of European casualty and motor liabilities from Ethias S.A. (Ethias). The transfer follows a prior Ethias Loss Portfolio Transfer (LPT), which took place in 2023, covering approximately €140 million of reserves across the European Union. The ... Read the full article
IRLA Congress: Legacy market shifts to proactive capital management and risk solutions
12th May 2025
The legacy and reinsurance market, once viewed as a niche or reactive segment of the insurance sector, has now become a central component of capital management strategies and long-term planning. That was the consistent theme emerging from this year’s IRLA Congress & Business Seminar, where industry leaders underscored the market’s growing ... Read the full article
Compre posts $128.5m net loss in 2024 amid lower deal volume
24th April 2025
Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has posted a net loss post tax of $128.5 million in its full-year 2024 results, compared to a profit of $279.4 million in 2023. The loss was driven by an 18% year-over-year decline in global deal volume, the natural unwinding of discounted liabilities, ... Read the full article
Compre acquires Covéa’s US subsidiary CSE Group
16th April 2025
Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has announced the completion of its acquisition of the CSE Group, a US subsidiary of Covéa. The CSE Group includes two California-domiciled personal lines insurance carriers that ceased underwriting new business in 2024. This marks the second transaction between Covéa and Compre, ... Read the full article
Compre appoints former TIH CEO John Howard as chairman
13th March 2025
Bermuda-domiciled legacy group Compre Group Holdings Limited (Compre) has announced the appointment of former Truist Insurance Holdings (TIH) CEO John Howard as its independent non-executive chairman. Howard brings over three decades of diversified insurance and senior executive leadership experience at top financial services organisations. Most recently, he served as CEO of TIH ... Read the full article
Compre completes $150m legacy reinsurance transaction with Accelerant
22nd August 2024
Compre Group Holdings Limited, a reinsurance group based in Bermuda, announced the completion of a legacy reinsurance transaction with Accelerant, a data-driven risk exchange. This transaction received approval from the Bermuda Monetary Authority. Underwritten by Compre’s Bermuda-based reinsurer, Pallas Reinsurance Company Ltd., the deal provides approximately $150 million in coverage for ... Read the full article
2023 marks record year for Compre with best results in its 30-year history
4th June 2024
Bermuda-domiciled international specialty reinsurer Compre has revealed that 2023 was the strongest year in its history, with gross insurance reserves under management growing by 112% YoY to $1.6 billion, driven by newly acquired reserves of over $1 billion. Elsewhere in its full-year 2023 results, Compre disclosed that invested assets stood at ... Read the full article
Compre Group appoints Rebecca Love as new Reinsurance Director
1st May 2024
Compre, an international legacy group, has announced the appointment of Rebecca Love to the position of Reinsurance Director. With 25 years of experience in the insurance and reinsurance industry, Love brings a wealth of expertise to her new role. Her areas of specialisation include Management, Business Relationship Management, Business Process Improvement, Training, ... Read the full article
Compre promotes Zameer Mitha to group commercial director
13th March 2024
Bermuda-domiciled international legacy firm Compre has promoted Zameer (Zam) Mitha to the newly created role of group commercial director within its business development function. Mitha has more than 20 years of experience in various leadership roles across actuarial, strategy and underwriting, spanning the UK, Europe and North American markets. He joined Compre ... Read the full article
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