Compre Group Holdings Limited (“Compre”), the Bermuda-domiciled international specialty reinsurance group, today announced a strategic transaction to assume a material portfolio of asbestos insurance liabilities from Amerisure. The transaction, involving the transfer of a material block of legacy reserves, further reinforces Compre’s position as a trusted partner in the management of complex, long-tail insurance exposures.
Rachel Bardon, Chief Underwriting Officer, Compre Group, said: “We are proud to deliver a solution that creates tangible capital and operational benefits for our clients. Asbestos liabilities require specialist expertise and long-term commitment. This transaction demonstrates our disciplined underwriting approach and ability to structure solutions that provide certainty, stability and efficiency for our partners.”
