Sompo
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Plus, the latest people moves and all the top news of the week. -
Aspen would give Sompo more reinsurance scale, more US premium and a Lloyd’s presence.
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This publication revealed yesterday that the two were in detailed takeover talks.
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This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
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Sources said that detailed discussions have taken place, with a clear path to a deal.
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Plus, the latest people moves and all the top news of the week.
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The overseas division booked a combined ratio of 94% for the quarter.
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The executive was previously head of excess casualty, North America.
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Emilie Hungenberg joins the carrier from Aspen.
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The carrier benefited from top-line growth and lower adverse PYD.
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Fierce competition for cargo talent continues in the London market.
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Several insurers and MGAs have launched into the class of business over the past year.
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