6 January 2017Insurance

Compre acquires UK business of AG Insurance

Re/insurance legacy specialist Compre has acquired the entire UK business of Belgian re/insurance company AG Insurance in run-off for an undisclosed sum.

The acquisition is Compre’s 22nd deal. So far it has acquired ten companies in run-off.

Nick Steer, chief executive officer of Compre, said: “I am extremely pleased to announce our first acquisition of the year and our first involving a Belgian counterparty. This further enhances our reputation as a provider of legacy solutions across the European market and I look forward to further deal flow during the next year.”

The transaction is a loss portfolio transfer, to be followed by an insurance business transfer.

Already registered?

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

Insurance

Hear the first ‘pop’ and move before the pack: Lloyd’s Turk to syndicates

8 September 2026 Lloyd’s performance chief Rachel Turk urges syndicates to “hear the first few pops” as rates fall.

Insurance

Next phase will reward portfolio discipline over market tailwinds: Everest Re

8 September 2026 How reinsurers manage portfolios and deploy capital will be crucial as the market becomes more competitive, Everest’s Sharry Tibbitt tells Monte Carlo Today.

Insurance

Aviva launches MGA hybrid fronting for global specialty market

8 September 2026 Aviva launches hybrid MGA fronting proposition targeting facilities of £20m GWP and above.