Source: Reinsurance News

Compre: Compre posts $128.5m net loss in 2024 amid lower deal volume

Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has posted a net loss post tax of $128.5 million in its full-year 2024 results, compared to a profit of $279.4 million in 2023. The loss was driven by an 18% year-over-year decline in global deal volume, the natural unwinding of discounted liabilities, and the materialisation of [...]The post Compre posts $128.5m net loss in 2024 amid lower deal volume appeared first on ReinsuranceNe.ws.

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
Will Bridger's photo - Managing Director & CEO of Compre

Managing Director & CEO

Will Bridger

CEO Approval Rating

90/100

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