Reinsurance News
Aspen
Aspen’s underwriting income climbs to $370.8m in 2025 as CoR improves
31st March 2026
Bermuda-based re/insurer Aspen has reported improved underwriting performance for full-year 2025, with underwriting income rising to $370.8 million, up from $345.8 million in 2024. The firm’s gross written premiums grew slightly to $4.67 billion in 2025, compared with $4.61 billion the previous year, while net written premiums declined to $2.84 billion ... Read the full article
Sompo appoints Sarah Stanford as UK CEO
25th February 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Sarah Stanford as Chief Executive Officer (CEO) of Sompo UK, following the recently completed Aspen acquisition. In the new role, which is effective immediately, subject to regulatory approval, she will report to Alessa Quane, CEO, International ... Read the full article
Sompo completes Aspen acquisition
24th February 2026
A wholly owned subsidiary of Sompo International Holdings Ltd. (SIH) has successfully completed the acquisition of Aspen Insurance Holdings Limited through the purchase of 100% of the issued Class A ordinary shares of Aspen. The closing follows the initial $3.5 billion deal announced in August 2025. Mikio Okumura, Sompo Group CEO, ... Read the full article
Sompo gets regulatory approvals for $3.5bn Aspen acquisition
18th February 2026
Sompo Holdings, Inc. has reportedly received the necessary antitrust and insurance regulatory approvals required to complete its acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance through a wholly owned subsidiary of Sompo International Holdings Ltd. (SIH). In August last year, SIH agreed to acquire all ... Read the full article
kWh Analytics boosts renewable energy coverage with renewed Aspen Specialty partnership
6th February 2026
kWh Analytics, a provider of climate and risk management for renewable energy projects, has successfully renewed its agreement with Aspen Specialty, expanding support of its Property Insurance offering for renewable energy assets and projects. Thanks to this extended partnership, kWh Analytics can now insure up to $100 million per renewable energy ... Read the full article
PointBridge and Aspen launch admitted physicians professional liability program
22nd December 2025
PointBridge, a managing general underwriter (MGU) specialising in professional liability insurance, has partnered with re/insurer Aspen to launch a new admitted physicians medical malpractice program. The new professional liability program for physicians and surgeons, offering modern and competitively priced coverage, is scheduled to launch on January 1, 2026, across the United ... Read the full article
Trident Marine Managers expands underwriting agreement with Aspen
3rd November 2025
Trident Marine Managers, a Ryan Specialty Underwriting Managers company, will now serve as the exclusive underwriter for Aspen Insurance Company's Marine Hull, Primary, and Excess Marine Liability business, following an expanded underwriting agreement between the two companies. Mark Engel, CEO Marine & Energy at Ryan Specialty Underwriting Managers, commented: “We are ... Read the full article
AM Best says Aspen acquisition could have “material benefits” for Sompo
2nd September 2025
Credit ratings agency AM Best has placed the Financial Strength Rating (FSR) of Sompo Japan Insurance Inc. and its subsidiaries under review with positive implications, citing potential "material benefits in Sompo group’s business profile following the acquisition of Aspen." It was announced last week that Sompo has agreed to acquire ... Read the full article
Sompo to enhance global footprint with $3.5bn acquisition of Aspen
27th August 2025
A wholly owned subsidiary of Sompo International Holdings (SIH) has agreed to acquire all outstanding Class A ordinary shares of Aspen Insurance in a $3.5 billion deal. The transaction has reportedly been unanimously approved by both companies' Boards of Directors and is anticipated to close in H1 of 2026. As expected, ... Read the full article
Aspen’s underwriting income climbs 25% in Q2’25 as CoR improves
8th August 2025
Aspen Insurance has continued to deliver a strong underwriting performance in Q2 2025, achieving a net combined ratio of 85.1% and underwriting income of $100 million. In the firm's Insurance Segment, underwriting income in Q2 2025 was $44 million with a combined ratio of 88.9%, marking a 1.7 percentage point improvement ... Read the full article
Aspen announces new leadership role for international and UK casualty insurance
4th August 2025
Aspen Insurance Holdings Limited has announced the appointment of Ryan Cushway as Head of International and UK Casualty Insurance, a newly established position effective August 1, 2025. Cushway, who joined Aspen in 2017, has held several senior underwriting roles. Since January 2023, he has led the UK Casualty portfolio, consistently producing ... Read the full article
Mariza Costa named Aspen’s Head of Investor Relations
2nd July 2025
Bermuda domiciled re/insurer Aspen Insurance Holdings has announced the appointment of Mariza Costa as Head of Investor Relations. In her new role, Costa will be responsible for managing relationships between Aspen and its investors, analysts, ratings and other financial stakeholders, providing shareholder analyses and supporting the communication of Aspen’s financial performance, ... Read the full article
Aspen sees net income dip in Q1’25 as CoR deteriorates to 96.1%
5th June 2025
Aspen Insurance has reported a net income of $36.8 million in Q1 2025, down from $111.8 million in the same period of 2024, as its combined ratio increased to 96.1%. The firm reported growth in both gross and net written premiums in Q1 2025, which rose to $1.28 billion and $751.7 ... Read the full article
Aspen appoints Lee Elliston as Chief Operating Officer, Claims & UK
29th May 2025
Aspen Insurance Group, a specialty insurer and reinsurer, has announced the appointment of Lee Elliston as Chief Operating Officer, Claims & UK. Elliston joined Aspen in January 2022 and has served as Chief Operating Officer, Group Claims since January 2023. He will continue in this role while also assuming responsibility for ... Read the full article
Aspen prices upsized IPO, offering could raise $457m
8th May 2025
Aspen Insurance Holdings has announced the pricing of its upsized initial public offering (IPO) of 13,250,000 Class A ordinary shares (par value $0.001) at $30.00 per share. In April, Aspen initially planned to offer 11,000,000 Class A ordinary shares, all of which were being sold by entities affiliated ... Read the full article
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