Compre has completed its acquisition of the Gjensidige marine and energy legacy portfolio of Norwegian insurer Gjensidige. The acquisition represents Compre’s 18th portfolio deal and to date Compre has acquired 10 companies in run-off.
Nick Steer, CEO of Compre, said: “I am extremely pleased to announce the completion of this transaction, which is the first of several that Compre expect to undertake this year. This further demonstrates Compre’s ability to provide large insurance groups with exit solutions for their discontinued lines of business.”
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