REG - Compre Group Hldgs - Compre announces FY 2025 results

Lloyds BankingAnnouncement

Today 10:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260414:nRSN3844Aa&default-theme=true

RNS Number : 3844A  Compre Group Holdings Limited  14 April 2026

 

14 April 2026

 

Compre announces FY 2025 results

 

Compre Group Holdings Limited ("Compre"), the Bermuda-domiciled international
specialty reinsurance group, today announced its FY 2025 results.  A copy is
available to view on the company's website at: Financial Reports Archive -
Compre (compre-group.com)
(https://eur01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fcompre-group.com%2Ffinancial_reports%2F&data=05%7C02%7Cdaniel.cassar%40compre-group.com%7C391b374c646245ea2d3a08de99f6713f%7C50ddfa95c10b4c65b29b5bf187f7cdf4%7C0%7C0%7C639117480911316207%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=R5uOs6Q7tVf02WAl4AfeaYhe7ZYmnlSUmFp5rDb6v18%3D&reserved=0)

 

Headline Performance

·    Returned to profitability, delivering $82.7m Comprehensive Income¹

·    Tangible Net Asset Value increased to $694m (FY 2024: $620m)²

·    Strong new business momentum, with nine transactions agreed across
legacy, retrospective capital relief and prospective underwriting

·    Platform diversification, with deal activity broadly split across
legacy, recurring capital relief solutions and prospective transactions,
improving visibility of future income

·    Prospective platform launched, establishing a capital light, fully
collateralised structured reinsurance capability

·    Capital position remains strong, with BSCR of 173%, supported by a
$75m Tier 3 bridge facility

The Group made significant progress in broadening and diversifying its
business mix, agreeing terms on nine transactions across traditional legacy
solutions, retrospective capital relief, and importantly, its first
prospective underwriting transactions. Deal activity was broadly balanced
across these three areas, improving the visibility and sustainability of
future income while remaining firmly client-led.

Will Bridger, Chief Executive Officer of Compre, said:
"This was a pivotal year for Compre. We returned to profitability, grew our
capital base, and, importantly, demonstrated that our platform can deliver
across legacy, capital relief, and prospective underwriting. The launch of our
prospective capability marks a significant strategic milestone, creating
recurring income and future reinsurance opportunities while remaining fully
collateralised. With a strong pipeline, robust capital position, and enhanced
operational and technology capabilities, we are well positioned to deliver
sustainable, long-term value for our clients and shareholders."

Capital and solvency remain strong, supporting growth, and we continue to
invest in our operational and technology platform, including data
infrastructure and GenAI enabled claims analytics. With a strong pipeline and
recurring transaction structures now in place, Compre enters 2026 well
positioned to deliver sustainable, long-term value for shareholders and
clients.

 

Notes:
¹ Comprehensive Income refers to total comprehensive income adjusted for all
agreed deals in the period, including agreed but yet to be completed.
² Tangible Net Asset Value (TNAV) excludes goodwill and other intangible
assets and includes all agreed deals as at the period end, including those yet
to be completed.

 

 

- Ends -

 

For further information please contact:

David Haggie / Richard Adams / Olivia Thomson, Haggie Partners

compre@haggiepartners.com (mailto:compre@haggiepartners.com)

+44 20 7562 4444

About Compre:

Compre is a global specialty reinsurance group providing capital and liability
solutions on a prospective and retrospective basis. For more than 30 years
Compre has acquired and managed portfolios across most classes of re/insurance
- general liability, marine, motor liability, US APH and others - creating
specialist reinsurance solutions and delivering excellence in liability
management beyond pure risk transfer. Leveraging this expertise, Compre
selectively underwrites prospective reinsurance through a range of specialist
covers, including structured, whole account quota share and renewable
multi-year treaties. Compre operates in Bermuda, Finland, Germany, Malta, the
US, the UK and at Lloyd's.

www.compre-group.com (http://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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CIRUSVBRNKUSARR



            Copyright 2019 Regulatory News Service, all rights reserved