Reinsurance News
Sompo
Sompo adds MacHale as CUO & Head of Strategy, International Markets
18th June 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has appointed Henry MacHale as Chief Underwriting Officer (CUO) and Head of Strategy for its International Markets insurance business. He will be based in London and report to Alessa Quane, Chief Executive Officer, International Markets for Sompo. In his ... Read the full article
Sompo enhances casualty treaty reinsurance with new SVP appointment
5th June 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Thierry Grieder as SVP, Head of Casualty Treaty Reinsurance for Continental Europe, MEA and LATAM. Grieder brings over a decade of market experience to his new position, having most recently served as SSenior ... Read the full article
Sompo names Van Gysegem as Country Manager, Insurance, Belgium & the Netherlands
2nd June 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has appointed Bart Van Gysegem as Country Manager, Insurance for Belgium and the Netherlands, effective immediately. This is the latest move in Sompo’s long-term development plan in Belgium and the Netherlands, after it was last year granted licences ... Read the full article
Aspen’s underwriting income hits $79.1m in Q1’26 as CoR improves
29th May 2026
Aspen Insurance Holdings has reported a sharp improvement in underwriting performance for Q1 2026, with underwriting income almost tripling year-on-year to $79.1 million as the combined ratio improved to 89.1% from 96.1% a year earlier. The global specialty re/insurer agreed to be acquired by a wholly owned subsidiary of Sompo Holdings ... Read the full article
Sompo names Elliot Paul as Head of Marine Cargo, UK
28th May 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Elliot Paul as Head of Marine Cargo, London, UK. Paul brings more than 15 years of marine expertise to Sompo, including most recently serving as Head of Cargo & Marine Liability at CNA ... Read the full article
Sompo International’s adjusted profit rose 69% and CoR improved to 82.1% in FY’25
20th May 2026
Sompo International Holdings Ltd., a specialty provider of property, casualty, and specialty re/insurance, reported an adjusted profit of $1.7 billion for full year 2025, up 69% from $1.0 billion in FY’24, while its discounted combined ratio (CoR) improved to 82.1% from 90.6%. The company said the improved CoR was driven by ... Read the full article
Sompo names Tim Mardon as President, Bermuda Reinsurance
8th May 2026
Sompo, a global provider of commercial and consumer property, casualty, and specialty re/insurance, has announced the appointment of Tim Mardon as President, Bermuda Reinsurance. In his new role, Mardon will lead operations and strategy for SompoRe's Bermuda branch, further strengthening its presence in the key region. A Bermuda-based reinsurance executive, Mardon brings ... Read the full article
Sompo expands Australian operations
16th April 2026
Sompo, a provider of commercial and consumer property and casualty insurance and reinsurance, has expanded its Australian operations by recruiting a team of nine local underwriters with expertise across property, casualty, financial lines, energy, and construction. The team will be based in offices located in Sydney and Melbourne, subject to regulatory ... Read the full article
Sompo APAC appoints Daniel Lukas as SVP, Head of Personal Lines
15th April 2026
Sompo Asia Pacific (Sompo APAC), part of Sompo International Holdings Ltd., has announced the appointment of Daniel Lukas as Senior Vice President, Head of Personal Lines, Asia Pacific, effective 17th April 2026. Based in Singapore, Lukas will join the APAC Consumer Leadership team and report to Bill Zhang, President of Sompo ... Read the full article
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
AM Best affirms Sompo’s ratings following Aspen acquisition
27th March 2026
Credit rating agency AM Best has removed the under review with positive implications status and affirmed the Financial Strength Rating of A+ (Superior) alongside the Long-Term Issuer Credit Ratings of “aa-” (Superior) for Sompo Japan Insurance Inc. and its subsidiaries. The Financial Strength Rating carries a stable outlook, while the Long-Term ... Read the full article
Sompo appoints Soo Wai Har as CEO of Berjaya Sompo Insurance Malaysia
27th March 2026
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Soo Wai Har as Chief Executive Officer (CEO) of Berjaya Sompo Insurance Berhad, its P&C insurance business in Malaysia, taking effect on April 1, 2026. She takes over from Tan Sek Kee, who is retiring ... Read the full article
Alice Sun named Senior Casualty Underwriter at Sompo Hong Kong
20th March 2026
Sompo Asia Pacific (Sompo APAC), part of Sompo International Holdings Ltd., has announced the appointment of Alice Sun as Senior Casualty Underwriter, Hong Kong, Macau and Taiwan at Sompo Hong Kong. In her new role, Sun will play a key part in executing the company’s commercial distribution strategy, ensuring Casualty products ... 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
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