Shutterstock.com_1143444374/Yingna Cai

25 April 2025Insurance

Compre plunges to $128 million loss as deal volume slows

Legacy insurer Compre plunged to a loss of $128.5 million in 2024 as its deal volume dropped and it was hit with adverse development on claims from business largely acquired before 2020.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

AI integral to operations strategy: Markel International COO

25 March 2026 Large language models kept inside the IT perimeter as a safety net.

Dual UK rolls out credit risk insurance backed by Lloyd’s capacity

25 March 2026 New binder enables long-term cover of up to 15 years for contract frustration risks.

Axa XL hires Lockton marine head to steer UK, Lloyd’s and global strategy

25 March 2026 Veteran broker-turned-underwriter brings four decades of London market experience.

More articles

Convex founder Catlin stands down as chair, Onex CEO takes role

AI integral to operations strategy: Markel International COO

Dual UK rolls out credit risk insurance backed by Lloyd’s capacity

Wawanesa to score $305m premium bump from Everest Canada buy

Axa XL hires Lockton marine head to steer UK, Lloyd’s and global strategy

Three quarters of UK insurers use generative AI: Gallagher Bassett

MS Amlin filters market noise, doubles down on reinsurance strategy

Liberty Specialty expands in Italy with broker-focused hire in Rome

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze