Reinsurance News
Sompo
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
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
Sompo names Haixia Zhao as President of APAC Reinsurance & CUO, Global Specialty
6th January 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Haixia Zhao as President of APAC Reinsurance and Chief Underwriting Officer, Global Specialty. Zhao brings more than two decades of re/insurance industry experience to the role. She joined Sompo in May 2018 as Senior Vice President and ... Read the full article
Sompo appoints Christian Silies as President of Europe Reinsurance
5th January 2026
Sompo, a global provider of property, casualty, and specialty insurance and reinsurance, has appointed Christian Silies as President of Europe Reinsurance. Silies brings more than two decades of industry experience, with expertise spanning specialty, marine, and energy lines. He joined Sompo in March 2022 as Head of Global Marine & Energy, and ... Read the full article
Sompo Hong Kong appoints Will Wang as Head of Casualty
31st December 2025
Sompo Hong Kong, part of Sompo International Holdings Ltd., has announced the appointment of Will Wang as Head of Casualty for Hong Kong, Macau and Taiwan, effective December 29th 2025. Wang will be based in Hong Kong and report to Alasdair Walker, CEO of Sompo Hong Kong, with a matrix reporting ... Read the full article
Sompo Hong Kong enhances underwriting team, Ophelia named Head of Property & Construction
10th December 2025
Sompo Hong Kong, part of Sompo International Holdings Ltd., has appointed Szeto Ophelia as Head of Property & Construction and Jessica Lai as Head of Mid-Corp & SME, enhancing its underwriting structure, effective January 1st, 2026. The appointments are part of Sompo Hong Kong’s ongoing commitment to deliver exceptional service and ... Read the full article
Linda Ng appointed Head of Property & Multi-Lines for Sompo Insurance Singapore
23rd October 2025
Sompo Asia Pacific has announced the appointment of Linda Ng as Head of Property & Multi-Lines, Sompo Insurance Singapore, effective immediately. Based in Singapore, NG will report directly to Li Lian Soong, Head of Property, Asia Pacific (APAC). In her new role, the executive will be responsible for leading the Singapore Property ... Read the full article
Sompo APAC promotes Li Li Leong to Head of Actuarial, Singapore
2nd October 2025
Sompo Asia Pacific, part of Sompo International Holdings Ltd., has announced the promotion of Li Li Leong to Head of Actuarial, Singapore. In her new role, Leong will lead Sompo Insurance Singapore’s Actuarial Division, responsible for full regulatory compliance while overseeing risk analysis and product pricing. She will also support strategic ... Read the full article
Cédric Wells to lead Sompo Claims, Insurance for Continental Europe
24th September 2025
Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Cédric Wells as Head of Claims, Insurance, Continental Europe, effective immediately. In his new role, Wells will leverage his 25 years of industry experience to lead claims relationships and strategy for the firm’s Continental Europe region. He ... Read the full article
Sompo appoints Alessandrea Quane as CEO, International Markets
18th September 2025
Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Alessandrea Quane as Chief Executive Officer, International Markets. In this role, Quane will report to James Shea, CEO of Sompo P&C, and will oversee Sompo’s Commercial and Consumer Insurance operations outside of North America and ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
