Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that the company is launching SomPro, a global financial and professional lines platform encompassing insurance and reinsurance capabilities. SomPro said it aims to deliver market-leading underwriting, …
Japan’s SOMPO Holdings Inc. has agreed to acquire all of the outstanding ordinary shares of Bermuda’s Endurance Specialty Holdings Ltd. for $93 per share in cash. The aggregate consideration is approximately $6.3 billion, which represents approximately a 40.3 percent premium …
Endurance has acted quickly following the rejection by Aspen’s Board of Directors of its unsolicited offer to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. Endurance sent a letter, signed by its …
