Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited (Compre) has announced the completion of its acquisition of the CSE Group, a US subsidiary of Covéa.
The CSE Group includes two California-domiciled personal lines insurance carriers that ceased underwriting new business in 2024.
This marks the second transaction between Covéa and Compre, reinforcing Compre’s commitment to the US market.
In October 2022, Compre signed an agreement to acquire Covéa’s Irish subsidiary, Medical Insurance Company DAC (MIC), which provides general liability insurance covering professional medical malpractice risks.
