Transaction diversifies and strengthens global insurance and reinsurance platform Aspen Class A ordinary shares delisted from NYSE
TOKYO, Japan and HAMILTON, Bermuda – February 24, 2026 – Sompo Holdings, Inc. (“Sompo” or the “Company”) (Stock Code: 8630, TSE Prime Market) announced today that a wholly owned subsidiary of Sompo International Holdings Ltd. (“SIH”) has successfully completed the acquisition of Aspen Insurance Holdings Limited (“Aspen”) through the purchase of 100% of the issued Class A ordinary shares of Aspen. Immediately following the closing, each series of preference shares of Aspen will remain outstanding and the relative rights, terms and conditions will remain unchanged. Sompo and Aspen may from time to time seek to redeem or repurchase and/or delist the preferred shares or associated depositary shares. Aspen’s Class A ordinary shares (symbol: AHL) will cease to trade on the New York Stock Exchange. Aspen’s preference shares remain listed on the New York Stock Exchange.
Mikio Okumura, Sompo Group CEO, said, “Today marks an important milestone in our strategy to continue Sompo’s plans for profitable growth, to deploy capital strategically and to ensure a globally diversified Property & Casualty (P&C) platform. I am pleased to welcome the Aspen team to Sompo.”
James Shea, CEO of Sompo P&C, said, “This transaction continues our commitment to invest in and grow our global P&C footprint through market cycles. The addition of Aspen’s reinsurance and insurance portfolios along with a more substantial presence in the UK enable us to accelerate our commitments to our customers, people and shareholders. We look forward to welcoming our new colleagues and continuing to build our global portfolio through investments in people and technology. Aspen’s culture of underwriting and customer focus will ensure a smooth transition as we engage as one organization with our customers and partners.”
Following its acquisition by Sompo, Aspen will come under the Sompo Group umbrella and will transition to trading under the Sompo brand. Following the transaction, Mark Cloutier will act in an advisory role to Sompo.
Advisors
Morgan Stanley & Co. LLC served as exclusive financial advisor to Sompo. Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to Sompo. Oxbow Partners served as integration consultants. Kekst CNC served as strategic communications counsel to Sompo.
Goldman Sachs & Co. LLC. served as lead financial advisor to Aspen. Insurance Advisory Partners LLC also served as financial advisor to Aspen. Sidley Austin LLP served as legal advisor to Aspen.
About Sompo Group
Building on over 137 years of innovation, Sompo Group is a leading integrated (re)insurance and financial services group committed to delivering health, wellbeing and financial protection to businesses and individuals worldwide. Sompo Group comprises Sompo Holdings, Inc. (Sompo Holdings) and its subsidiaries, providing solutions in commercial and consumer property, casualty and specialty insurance and reinsurance globally, and life insurance and nursing care in Japan.
Its insurance subsidiaries have excellent financial strength as evidenced by ratings, of A+ from A.M. Best and A+ from Standard & Poor’s. Shares of Sompo Holdings are listed on the Tokyo Stock Exchange (8630.T).
To learn more please follow us on LinkedIn or visit Sompo-hd.com.
Contacts
Sompo Contacts
Shu Nakamura
Manager, Japan Media Relations, Sompo Holdings
E: [email protected]
Mike Jones
Global Head of Media Relations
M: +44 7765 901899
E: [email protected]
Ruth Pachman / Anntal Silver
Kekst CNC
E: [email protected] / [email protected]
For Investor Queries
E: [email protected]
About Sompo
We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.
“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world with excellent financial strength as evidenced by ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard & Poor’s. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.
To learn more please follow us on LinkedIn.