Compre Grp.28 Regulatory News (RG62)

07 February 2025

Board and Senior management changes

Compre Group Holdings Limited, the Bermuda-domiciled international specialty reinsurance group, announces that Emmanuel Clarke will be resigning as Chairman and Non-Executive director on the 28 February 2025. The Board would like to thank Mr. Clarke for his significant contribution to the development of the Group over the last 4 years and to wish him well as he takes on an executive role with Intact Financial Corporation. Jonathan Reiss will be the acting Chairman in the interim.

The Group also announces that Derrick Estes has replaced Rhonda Ramparas as Non-Executive director representing BCi on the Board.

In addition, Dan Fiehn, Group COO, left the company with effect from 31st January 2025.

- Ends -

For further information please contact:

Compre

David Haggie / Richard Adams / Olivia Thomson, Haggie Partners

compre@haggie.co.uk 

+44 20 7562 4444

About Compre:

Compre is a global specialty reinsurer providing capital and liability solutions for its clients giving certainty to prior year development. It has over 30 years of experience in the acquisition and management of discontinued and prior year non-life insurance and reinsurance portfolios. Compre has experience of acquiring most classes of direct and reinsurance business, including general liability, marine and motor liability, and US APH and workers' compensation. Compre has operations in Bermuda, Finland, Germany, Malta, the UK, the USA and at Lloyd's of London.

www.compre-group.com

Cautionary note on forward-looking statements

This announcement may contain forward-looking statements. All statements other than statements of historical fact included in this announcement are forward-looking statements. Forward-looking statements express the Issuer's current expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. Such forward-looking statements are based on numerous assumptions regarding the Issuer's present and future business strategies and the environment in which it will operate in the future. No representation is made or will be made that any "forward-looking" statements will be achieved or will prove to be correct. Actual events or conditions may differ materially from such assumptions. Similarly no representation is given that the assumptions disclosed in this announcement upon which forward-looking statements may be based are reasonable. Past performance is not a reliable indicator of future performance. The recipient acknowledges that circumstances may change without notice and the contents of this announcement may become outdated as a result.