Compre strikes deal for Gibbon pools
Compre has acquired the legacy portfolio of Axa's Swiss
operations, formerly Winterthur Swiss Insurance Company, for an
undisclosed sum.
The acquired portfolio comprises insurance and reinsurance
business underwritten by RW Gibbon Underwriting Agencies Ltd and RW
Gibbon & Son Ltd, known as the Gibbon pools, between
1962-1964.
The acquisition is Compre's 26th portfolio deal. To date the
firm has acquired 10 companies in run-off.
Nick Steer, CEO of Compre, said: "This follows a similar
deal wi
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