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Compre Group to acquire pool legacy reinsurance biz from W&W

Compre Group agreed to acquire Wüstenrot & Württembergische AG's Ridgwell Fox & Partners pool legacy reinsurance business.

The transaction, which is structured as a legal business transfer, was approved by Bafin, the German financial regulator. The deal amount was not disclosed.

Ridgwell Fox & Partners contains runoff liabilities of W&W and five other carriers.