Reinsurance News
Compre
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
Compre implements management changes to drive global operations
13th February 2024
In response to significant growth and recent successful transactions, Compre, the Bermuda-based international legacy group, has announced pivotal management changes aimed at enhancing operational efficiency and global client solutions. The establishment of a Global Claims and Operations function marks a strategic consolidation within Compre, ensuring optimal portfolio management and client service ... Read the full article
Compre completes two European liability portfolio acquisitions
10th January 2024
Bermuda-domiciled legacy group Compre has acquired two portfolios of European casualty and motor liabilities from separate undisclosed international insurance groups. According to Compre, all necessary approvals have been granted by Bermudian and European regulators. This allows the firm's class 3B Bermudian reinsurer, Pallas Reinsurance Company Ltd., to reinsure approximately €200m of reserves ... Read the full article
Lowery-Biggers and Reiss join Compre’s Board in Bermuda
30th November 2023
Compre, an international legacy group, has announced the appointment of LoriAnn Lowery-Biggers and Jonathan Reiss as independent non-executive directors of its holding company in Bermuda, subject to regulatory approval. Lowery-Biggers brings more than 25 years of experience in the global finance and insurance industries to the company’s board. She has held notable ... Read the full article
Compre acquires Irish subsidiary of Covéa
4th September 2023
Bermuda headquartered Compre, an international legacy group, has acquired Medical Insurance Company DAC (MIC), the Irish subsidiary of Covéa, a French mutual insurance company. MIC provided insurance policies covering professional medical malpractice risks. Compre signed the agreement to acquire MIC back in October 2022. The insurer had entered into run-off ... Read the full article
Compre expands US operation with seven new hires
21st August 2023
Bermuda-headquartered Compre, an international legacy group, has announced the appointment of seven US claims specialists, effective immediately. To accommodate the new team members - all of whom will report to North America claims director Bill Bouvier - Compre has moved its US headquarters to new offices in Manchester, New Hampshire. The appointments ... Read the full article
Compre welcomes Daniel Fiehn as group COO
11th July 2023
International legacy group Compre has announced the appointment of Daniel Fiehn as group Chief Operating Officer (COO), effective immediately. Reporting to group chief executive officer Will Bridger, Fiehn will be responsible for IT /data, change and facilities, with a particular focus on driving the use of technology and data across the ... Read the full article
SiriusPoint & Compre complete $1.3bn reinsurance LPT
3rd July 2023
Bermuda-based insurer and reinsurer SiriusPoint, and global legacy acquirer, Compre, have completed their previously announced $1.3 billion ground-up reinsurance loss portfolio transfer (LPT), underwritten by Pallas Reinsurance Company Ltd. This LPT was first announced in early March and sees Compre assume around $1.3 billion of reserves related to a diversified ... Read the full article
Compre welcomes two new senior hires
26th June 2023
International legacy group, Compre, has announced it is strengthening its capabilities with the appointment of two senior hires, Jennie Earis as chief reserving actuary and Kunal Shrivastava as head of analytics, effective immediately. In their new roles, both will support the continued growth of Compre, particularly following the group’s significant ... Read the full article
Compre expands partnership with Clearwater Analytics
16th June 2023
Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced the expansion of its partnership with Compre Group Holdings (Compre), an international legacy group based in Bermuda. Compre, which has experienced significant growth over the past three years, aims to achieve greater investment returns and ... Read the full article
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