Compre completes second legacy deal with QBE

Legacy acquirer Compre has completed a second transaction with QBE. The agreement follow’s Compre’s acquisition of QBE’s share of the Ridgwell Fox & Partners pool legacy reinsurance business in 2016.

Will Bridger, chief executive at Compre, said: “I am extremely pleased to announce the conclusion of our second transaction with QBE. Repeat transactions with counterparties such as QBE validate the value of our bespoke offering and client-centric approach. We believe in developing a close relationship with our clients and it is most rewarding when those relationships continue to deliver mutually beneficial solutions.”

Compre targets the acquisition and management of discontinued and legacy non-life insurance and reinsurance business. It has operations in Finland, Germany, Malta, Switzerland, and the UK.

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