Enstar subsidiary Cavello Bay sues Aspen for $400mn over legacy deal breach
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Lines of business
Reinsurance
Legacy

Enstar subsidiary Cavello Bay sues Aspen for $400mn over legacy deal breach

The lawsuit has been filed as sales talks with Sompo yielded a deal.

By Clark Mindock Adam McNestrie
August 27, 2025
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Enstar subsidiary Cavello Bay has filed a lawsuit claiming Aspen Insurance is liable for at least $400mn in damages after the Bermudian allegedly breached a 2022 legacy reinsurance agreement in multiple ways, with the suit coming just ahead of...

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News Legal M&A IPOs Reinsurers Bermuda Enstar Aspen Sompo
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