Legacy specialist Compre has completed the transfer of European motor and casualty liabilities from Ethias, Belgium’s third-largest insurer.
Regulators in Belgium, France, the Netherlands, Germany, and Finland have all approved the deal, enabling Compre’s European carrier, Bothnia International, to fully assume the Ethias portfolio.
The transfer follows a 2023 loss portfolio deal with Ethias, covering around €140 million in European Union reserves.
