Commutations

Commutations are a commercially accepted and practical method for bringing finality to either individual claims/contracts or whole books of business.

Compre has extensive experience in providing commutation strategies to companies seeking to reduce their inward exposures by commuting with cedants or accelerate their reinsurance asset collection by commuting with their reinsurers.

We build partnership relationships with our clients, which we believe is essential, to understand the scope and extent of the parameters of the negotiated settlement.

Our work includes:

Contract identification and reconciliation with counterparty
Reconciliation of all financial matters, paid and outstanding
Addressing any Letters of Credit and technical disputes
Dealing with brokers
Negotiating the commutation price
Preparing the commutation agreement
Obtaining settlement and concluding the deal

To obtain further information of these services please contact:

Rhydian Williams
Managing Director - Operations
Compre Services (UK)
+44 (0)20 3551 6510
rhydian.williams@compre-group.com

Kari Mäki
Commutations Director
+358 (9) 7599 5050
kari.maki@compre-group.com