Reinsurance News
Endurance
Sompo International completes sale of EAL business to RiverStone
20th December 2022
Insurance giant Sompo International has completed the sale of its run-off business Endurance at Lloyd’s (EAL) to RiverStone Holdings. The firm said in a statement that it had received regulatory approval from the UK Presidential Regulation Authority, following its previously communicated strategic objective to consolidate its UK presence into one company ... Read the full article
Sompo completes Endurance buy, creates Sompo International brand in Bermuda
29th March 2017
Sompo Holdings Inc. has successfully completed its acquisition of Bermudian insurance and reinsurance group Endurance Specialty Holdings Ltd. and has announced a rebranding and rearrangement of its commercial insurance and reinsurance in Bermuda. The total price of the acquisition of 100% of Endurance's outstanding shares was $6.3 billion and as a ... Read the full article
Endurance appoints cyber insurance product leader
24th March 2017
Bermuda-based insurance and reinsurance group Endurance Specialty Holdings Ltd. has named Brad Gow as its cyber insurance product leader. Gow has been with Endurance since March 2011, as a Senior Vice President with product responsibilities for the firm's Endurance Pro professional liability and cyber risk insurance businesses. As Global Cyber Product Leader for Endurance ... Read the full article
Endurance shareholders to vote on Sompo takeover on January 27th, 2017
30th December 2016
The shareholders of insurer and reinsurer Endurance Specialty Holdings Ltd. are set to vote on the company's $6.3 billion takeover by Sompo Holdings on January 27th 2017, the company has announced. The proposed merger agreement between the two firms was first announced in October 2016, and the shareholders vote date ... Read the full article
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