Compre
-
He has spent more than six years at the legacy firm in various senior claims roles.
-
The outgoing NA CEO joined the legacy carrier in 2022.
-
The legacy carrier has acquired two portfolios of European casualty and motor liabilities from two separate insurance groups.
-
He will be responsible for driving the use of technology and data across the business.
-
The market has suffered from a glut of capital, and a number of structural features that make winning hard.
-
The portfolio comprises of large deductible and guaranteed-cost workers’ compensation policies.
-
Last week, SiriusPoint and Compre signed an LPT deal covering $1.3bn of reserves.
-
The deal is the latest incidence of bumper transaction size in the legacy space.
-
The business is being advised on the potential transactions by Howden.
-
The legacy specialist has made its second foray into medical professional liability.
-
The portfolio consists mainly of underwriting years 2004 to 2018.
-
The redomicile is part of a diversification strategy to broaden the carrier’s focus from Continental Europe to Lloyd’s and North America.
Most Recent
-
Arch elevates Morrello to head of E&S property
28 March 2024 -
MAP Syndicate 2791 books 2023 combined ratio of 77%
28 March 2024 -
GIC closes acquisition of Miller
28 March 2024 -
Flagship syndicates report improved 2023 performances
28 March 2024 -
Fidelis MGU poised to launch Lloyd’s syndicate
28 March 2024