SiriusPoint completes $1.3B loss portfolio transfer with Compre

SiriusPoint Ltd

Compre assumed approximately $1.3B of reserves from SiriusPoint's 2021 and prior underwriting years.
Second such partnership between SiriusPoint and Compre; portfolio primarily reinsurance business.
SiriusPoint retains claims handling authority on ongoing business.
Transaction advised by Gallagher Re, Mayer Brown (SiriusPoint) and Debevoise, EY (Compre).

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