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Sources see Aspen as the right fit for Sompo, with Apollo getting a full cash exit. -
The ratings agency cited enhanced scale and diversification through organic growth.
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A quick roundup of today’s need-to-know news, including Sompo-Aspen market reaction, ISC bidders and more.
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The firm's risk exchange platform was “highly dependent” on SME and specialty business, CEO Radke said.
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After spending 20 years at Aon, Goodman will start a senior executive position with Guy Carpenter.
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Rates are finally flattening, but it’s unclear if stabilization is enough for insurers’ bottom line.
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Angus Hampton, meanwhile, has been promoted to head of casualty in place of Mario Binetti.
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Sources said that the NY-based TL underwriter has retained Piper Sandler to run the process.
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A quick roundup of today’s need-to-know news, including Euclid Transactional, Conduit Re, Sompo and more.
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The lawsuit has been filed as sales talks with Sompo yielded a deal.
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The Japanese company announced the $3.5bn deal today, three months after the Bermudian completed its IPO.
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The long-time Allianz and Hive executive will be based in New York City.
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