Swedish reinsurer Compre in run-off deal
Swedish (re)insurers Compre Holdings Ltd and Länsförsäkringar AB have reached an agreement whereby Compre Holdings buys Länsförsäkringar ABs reinsurance subsidiaries in run-off, Stockholm Reinsurance Company Limited and Wasa International Insurance Company Limited.
Combined technical reserves of the two companies amount to approximately SEK 527m (€57m).
Mikko Sinko, chairman of Compre Holdings, says: "Acquisition of this well-managed run-off operation further
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