SompoRe expands reinsurance platform after Aspen acquisition
The platform adds capacity, a Lloyd's presence and specialty and third-party capital capabilities, creating opportunities across Europe, London, the Middle East and Asia.
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Global property, casualty, specialty insurance and reinsurance provider
sompo.comLast updated
In short: Sompo completed its roughly $3.5 billion Aspen acquisition, broadening its reinsurance platform.
The platform adds capacity, a Lloyd's presence and specialty and third-party capital capabilities, creating opportunities across Europe, London, the Middle East and Asia.
He met colleagues across the two London offices on his first day and shared initial thoughts on opportunities ahead for the UK Insurance business.
He will lead underwriting strategy across Continental Europe, overseeing product lines, distribution, client management and risk control, based in Zurich.
The deal covers 100% of Aspen's Class A ordinary shares, which cease trading on the NYSE, while its preference shares remain listed.
Aug 14 (Reuters)- Sompo Holdings, Inc. CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 3 months ended 3 months ended Year to Jun 30...
TOKYO, Aug 27 (Reuters) - Sompo Holdings (8630.T), opens new tab said on Wednesday that it would acquire New York-listed Aspen Insurance Holdings (AHL.N), opens...
Analysts updated their view on Aspen Insurance after the Bermuda-based insurer accepted a $3.5 billion cash buyout from Japan's Sompo Holdings. Citi downgraded the stock...
TOKYO (Reuters) -Sompo Holdings said on Wednesday that it would acquire New York-listed Aspen...
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