Compre claims first in unlocking 'major barrier' to European runoff acquisitions
Reinsurance legacy specialist Compre Holdings has completed what it claims is the first ever cross-border demerger of insurance and reinsurance portfolios.
Carried out in Norway, it said the deal will pave the way for further acquisitions across Europe. The transaction provided finality for two portfolios in run-off with combined gross reserves of $28m.
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