Reinsurance News
Compre
Legacy market sees more complex capital relief structures: Compre CUO Bardon
14th May 2026
The legacy re/insurance market continues to evolve, with a growing shift towards purely capital relief structures that are increasingly complex and require creative, patient, long-term partners, according to Rachel Bardon, Chief Underwriting Officer (CUO) at Compre. In an interview with Reinsurance News during our visit to Bermuda, Bardon discussed the current ... Read the full article
IRLA Congress: Legacy market matures into strategic capital and operational partner for re/insurers
11th May 2026
The legacy and retrospective reinsurance market is entering a new phase of maturity, driven by growing demand for capital optimisation, operational efficiency and increasingly sophisticated transaction structures. That was the central message from this year’s IRLA Congress & Business Seminar, where industry leaders described a sector that is no longer simply ... Read the full article
Compre remains flexible as appetite expands into prospective and capital solutions, says CUO Bardon
5th May 2026
Rachel Bardon, Chief Underwriting Officer (CUO) at international specialty reinsurance group Compre, said the company is expanding its appetite to include more prospective and capital-focused transactions as the legacy market continues to evolve, while remaining rooted in traditional legacy transactions. In an interview with Reinsurance News at Compre’s headquarters in Bermuda, ... Read the full article
Non-life run-off deal momentum remained strong in Q1’26, says PwC
1st May 2026
PwC has reported that legacy market momentum continued in the opening three months of 2026, with nine publicly disclosed non-life run-off deals announced by five acquirers, with cumulative gross liabilities of approximately $730 million transacted for the five transactions that disclosed deal values. According to PwC, three of the deals announced ... Read the full article
Aon expects market dynamics to accelerate legacy activity at Lloyd’s
15th April 2026
Despite reduced legacy deal activity in 2024 and 2025 amid relatively benign catastrophe activity and the strong performance of the broader re/insurance market, broking group Aon expects activity to accelerate at the specialist Lloyd's marketplace as capital allocation becomes more disciplined. Insurance and reinsurance broker Aon's April 2026 Lloyd's Legacy Report ... Read the full article
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
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