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Compre finalizes acquisition of Covéa US subsidiary

Compre finalizes acquisition of Covéa US subsidiary

04/21/25, 6:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/GB.svglondon
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgunited states
Industry
insurance
insurance
employee benefits
Compre has finalized its acquisition of two US domiciled licensed insurance carriers. This deal, approved by regulators, aims to strengthen Compre's presence in the North American market. The transaction includes managing reserves related to auto and property insurance in the US. This strategic move is part of Compre's growth initiatives.

Company Info

Company
Compre
Location
London, England, United Kingdom
Company info
Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of insurance and reinsurance companies and portfolios in run-off. Compre is a business with operations in Finland, Germany, Malta, Bermuda, Switzerland the US, and UK. We have local relationships with counterparties across the whole of Europe and North America. Our key objective is to secure legal, financial and operational finality for insurers and reinsurers seeking to exit their legacy exposures. We aim to do this using a collaborative approach that ensures our solutions get to the heart of the problems that our counterparties face.

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