13 March 2025

Compre appoints John Howard as chairman

Compre Group Holdings Limited ("Compre"), the Bermuda-domiciled international specialty reinsurance group, today announces it has appointed John Howard, the former CEO of Truist Insurance Holdings ("TIH"), as its independent non-executive chairman, subject to regulatory approval.

Mr. Howard has more than three decades of diversified insurance and senior executive leadership experience at top financial services organizations with a proven track record of delivering superior results. Most recently he was Chief Executive Officer of TIH, serving in various leadership positions over the course of twenty years with the company and its affiliates. He recently led the successful $16 billion leveraged buyout of TIH from Truist Financial Corporation (formerly BB&T Corporation). TIH is one of the ten largest insurance brokerages in the U.S., where Mr. Howard established its enhanced infrastructure and operating strategy, as well as a best- in-class board and leadership team. On January 1, 2025, Mr. Howard stepped down as CEO and assumed the role of vice chair of TIH, and he continues to serve on TIH's board of managers.

Previously, Mr. Howard served in executive leadership positions at many other renowned organizations including Prudential Financial, GE, and Conseco, Inc. He began his career on active duty in the U.S. Navy. Additionally, Mr. Howard has extensive experience across industry associations and policymaking. He currently serves on the Insurance Policy Committee of the Board of Governors of the Federal Reserve System, the Council of Insurance Agents and Brokers, The Institutes, and the Maurice R. Greenberg School of Risk Management, Insurance, and Actuarial Science at St. John's University. Mr. Howard earned a bachelor's degree in economics from Columbia University and a Master of Business Administration from Duke University, Fuqua School of Business.

Will Bridger, group CEO, Compre, said: "I am extremely pleased that John has agreed to chair Compre's board. He is highly regarded across the insurance industry, and particularly in the United States, having been at the heart of the outstanding success of TIH for many years. I look forward to working with John as we continue to build Compre over the long-term."

John Howard said: "I'm delighted to join Compre's board as chairman. Compre is a high-quality, well-established business operating in a specialist segment of the re/insurance industry, providing solutions to cedants that are increasingly part of standard capital management. I'm looking forward to working with Will and the team to support Compre's continued growth, including further expansion in the US."

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  For further information please contact:

  Compre

  David Haggie / Richard Adams / Olivia Thomson, Haggie Partners  

  +44 20 7562 4444

  About Compre:

Compre is a global specialty reinsurer providing capital and liability solutions for its clients giving certainty to prior year development. It has over 30 years of experience in the acquisition and management of discontinued and prior year non-life insurance and reinsurance portfolios. Compre has experience of acquiring most classes of direct and reinsurance business, including general liability, marine and motor liability, and US APH and workers' compensation. Compre has operations in Bermuda, Finland, Germany, Ireland, Malta, the UK, the USA and at Lloyd's of London. www.compre-group.com