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Sompo Receives Regulatory Approvals for Aspen Acquisition
Globenewswire· 2026-02-18 14:02
Core Viewpoint - Sompo Holdings has received necessary regulatory approvals to acquire 100% of Aspen Insurance Holdings Limited, enhancing its insurance and reinsurance capabilities globally [1][2]. Group 1: Acquisition Details - The acquisition is expected to close in the next several days, pending customary closing conditions [2]. - Aspen's established insurance and reinsurance franchise, along with its top-tier Lloyd's syndicate, will provide Sompo with access to complex risks and untapped markets [2]. Group 2: Integration Plans - Following the acquisition, Sompo will integrate Aspen's capabilities to create a globally diversified Property & Casualty platform [3]. Group 3: Company Background - Sompo Group has over 137 years of experience in the insurance and financial services sector, focusing on health, wellbeing, and financial protection [4]. - The company operates globally in commercial and consumer property, casualty, specialty insurance, and reinsurance, as well as life insurance and nursing care in Japan [4]. Group 4: Financial Strength - Sompo's insurance subsidiaries hold strong financial ratings of A+ from both A.M. Best and Standard & Poor's, indicating robust financial strength [5].
SiriusPoint Announces Date for First Quarter 2025 Earnings Release
Globenewswire· 2025-04-22 20:10
Company Announcement - SiriusPoint Ltd. plans to release its first quarter 2025 financial results after market close on May 5, 2025 [1] - A webcast and conference call to discuss the financial results will be held at 8:30 am (Eastern Time) on May 6, 2025 [1] Access Information - The webcast can be accessed through the Investor Relations section of the company's website [2] - A replay of the conference call will be available immediately after the call [2] Conference Call Details - The conference call can be accessed by dialing 1-877-451-6152 (domestic) or 1-201-389-0879 (international) [3] - A replay of the call will be available until 11:59 pm (Eastern Time) on May 20, 2025 [3] Company Overview - SiriusPoint is a global underwriter of insurance and reinsurance, headquartered in Bermuda with offices in major cities [4] - The company has over $2.6 billion in total capital and holds a financial strength rating of A- (Excellent) from AM Best, S&P, and Fitch [4]