Compre and SiriusPoint agree $1.3bn LPT for reinsurance business
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Compre and SiriusPoint agree $1.3bn LPT for reinsurance business

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SiriusPoint and Compre have signed a loss portfolio transfer (LPT) deal covering $1.3bn of reserves in the latest example of high-value dealmaking in the legacy space.

The LPT covers reserves underwritten by SiriusPoint’s international reinsurance business headquartered in Sweden and its Lloyd’s Syndicate 1945 and covers mostly reinsurance business.

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