Sompo to Acquire Aspen for $3.5 Billion

All outstanding Class A ordinary shares of Aspen to be redeemed for cash and delisted from NYSE; Aspen preference shares to remain outstanding  Further diversifies Sompo’s portfolio geographically in high-growth international markets Strengthens underwriting expertise and presence in core specialty insurance and reinsurance lines Provides access to significant fee-based income through leading capital markets platform […]

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Sompo names Thomas Leone new Chief Investment Officer

PEMBROKE, Bermuda – June 5, 2024 – Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Thomas (Tom) Leone as Chief Investment Officer, effective October 1, 2024. Mr. Leone will report to Nicolas Burnet, Chief Financial Officer for Sompo and will be based in the insurer’s Purchase, […]

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Sompo announces leadership changes for Asia Pacific Region

Kenneth Reilly appointed as Chief Executive Officer, Insurance, Asia Pacific Daniel Neo to retire   PEMBROKE, Bermuda – April 2, 2024 – Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced leadership changes to support the further growth of its insurance business in the Asia Pacific region. Kenneth Reilly […]

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