Reinsurance News
Sompo
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
Sompo boosts Commercial Insurance division with two senior appointments
11th September 2025
Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines. Thienenkamp and Ohashi, who both join Sompo from major international carriers and were previously based in Japan, are expected to bring valuable expertise ... Read the full article
Sompo to deploy WTW’s Radar tech across group
10th September 2025
Sompo Holdings, Inc., one of Japan’s leading insurers, has partnered with WTW, an insurance and reinsurance broking group, to deploy its Radar technology across the insurance group to accelerate data-driven management across pricing, underwriting, and portfolio optimisation. Radar is WTW’s advanced pricing and underwriting solution designed to help insurers with predictive ... Read the full article
Sompo announces three key appointments in APAC Finance team
3rd September 2025
Sompo has announced three key appointments in its Asia Pacific (APAC) Finance team, with See Ju Chua, Pei Shan Tay, and Mindy Lee assuming new roles within the company. See Ju Chua has been appointed Senior Vice President (SVP), Head of Capital Management, APAC. She will be responsible for managing the ... 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
Sompo’s global reinsurance CoR improves on lower CAT losses in Q1 FY’25
14th August 2025
Sompo Holdings, Inc. has posted results for its overseas insurance/reinsurance business for the first quarter of the 2025 financial year, reporting a global reinsurance combined ratio of 85.8%, down 10.9 points from 96.7% a year earlier, due to better-than-expected CAT loss experience. Commercial insurance CoR increased 5.2 points to 93.9% from ... Read the full article
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