SiriusPoint enters into $417mn LPT with Compre for A&E, workers' comp liabilities
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SiriusPoint enters into $417mn LPT with Compre for A&E, workers' comp liabilities

James Thaler
August 05, 2021
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SiriusPoint and Compre logos Bermuda.jpg

SiriusPoint has agreed to a deal with legacy-specialist reinsurer Compre to transfer $417mn in asbestos, environmental, and workers’ compensation liabilities, the two companies announced on Thursday.

The deal was structured as a loss portfolio transfer and is being written by Compre-controlled Bermuda company Pallas Re.

The

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James Thaler
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