Wakam in the news

Compre and Wakam renewed their reinsurance partnership, extending a Loss Portfolio Transfer agreement for 126.5 million euros in reserves.

Compre renewed its loss portfolio transfer agreement with Wakam, covering 126.5 million euros in net undiscounted reserves as of December 31, 2025.

Compre renewed a €126.5 million loss portfolio transfer with Wakam, helping the insurer manage liabilities and free up capital for expansion.

Compre renewed its Renewable Loss Portfolio Transfer agreement with Wakam, covering —126.5 million in reserves and extending their partnership for capital and liability solutions.

Wakam SA, an insurance solutions provider, was recapitalized with "," 85 million euros in 2025 but remains in deficit with an SCR ratio below regulatory requirements, prompting further recapitalizations in 2026.

Vyv Conseil replaced Wakam with Altima Assurances as risk carrier for their solidarity home insurance in Paris, Lille, and Tourcoing services starting late 2025, maintaining over 15,000 contracts.

Wakam and Principal Insurance jointly launch a motorcycle insurance product in the UK to increase coverage and address rising premiums.

Wakam UK and Principal Insurance team up to offer more competitive, flexible motorcycle insurance solutions in the UK market.

Principal Insurance and Wakam UK have formed a multi-million-pound partnership to inject new competition and specialized policies into the UK motorcycle insurance market, addressing a lack of options for various riders and bike types.

Wakam UK and Principal Insurance have teamed up to offer a new motorcycle insurance product addressing limited coverage and rising premiums in the UK market.

Principal Insurance partners with Wakam UK to offer more specialized and diverse motorcycle insurance policies in the UK market.

Wakam UK and Principal Insurance have partnered to offer tailored motorcycle insurance solutions addressing market consolidation and limited rider options in the UK.

Wakam UK is a fully authorised digital insurer leveraging AI and APIs to rapidly deliver tailored insurance products for MGAs and embedded platforms, achieving £400 million in premiums in its first year.

Wakam predicts rising climate risks and fraud, market consolidation, AI-driven oversight enhancing claims, and stresses flexible work to empower staff in 2026.

Wakam UK modernizes claims funding with Vitesse’s platform, cutting idle capital time and improving payment speed and transparency across Europe.

Wakam UK has partnered with Vitesse to automate and centralize claims fund management, significantly improving efficiency and freeing capital for growth.

Wakam UK Ltd partnered with Vitesse to streamline claims payments, improve capital efficiency, and accelerate growth for its MGA and TPA network.

Wakam UK teams with Vitesse to centralize and automate claims fund management, speeding payments and freeing capital.

Compre and Wakam signed a loss portfolio transfer deal covering €140m in insurance liabilities, including a forward-flow mechanism to support Wakam's growth and capital management.

Wakam transferred €140 million in European motor and property reserves to Compre Group to free up capital for growth.