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Compre CEO to step down; replacements named

Compre Holdings Ltd. said CEO Nick Steer will step down in March 2018.

Steer will remain with the group as nonexecutive deputy chairman and will advise on future acquisitions. Will Bridger, managing director of acquisitions, and Mark Lawson, group actuarial director, will assume the role of co-CEO subject to regulatory approvals.

Also, Compre appointed Philipp Kleyser to serve as director of reinsurance subsidiary Hamburger Internationale Rückversicherung AG, effective Jan. 1, 2018.