Compre completes acquisition of Covéa U.S. subsidiary CSE Group

-0.02%

-0.38%

Dow Jones Industrial Average

DJI

48447.71

-0.02%

S&P 500 index

SPX

6825.98

-0.02%

NASDAQ

IXIC

23106.06

-0.38%

By Michael Jones

April 16 - (The Insurer) - Compre Group has completed its acquisition of Covéa U.S. subsidiary CSE Group, the legacy specialist said on Wednesday.

It said the CSE Group included two California-domiciled personal lines insurance carriers, which ceased to underwrite new business in 2024.

Compre said this was its second transaction with Covéa and reinforced its commitment to the U.S. market.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.