-
Aspen Capital Markets earned $169mn in fee income in 2024 alone.
-
The purchase brings Sompo an established ILS platform as part of the deal.
-
The Bermudian firm has an active ILS division, unlike the Japanese conglomerate’s insurance divisions.
-
The transaction is expected to close later this year.
-
Nationwide will delegate management of the policies to Ryan Specialty.
-
M&A and shifts in distribution arrangements bring risks and opportunities.
-
The deal leaves premier surety as Travelers' sole Canadian portfolio.
-
The reinsurer said the probe concerns the alleged involvement of its former chairman.
-
The acquisition expands its global employee benefits business to ~4,000 global employees.
-
Guernsey’s TISE listed the world’s first private cat bond issued by Solidum Re in 2011.
-
The firm will match segregated accounts of portfolios to investor mandates.
-
The combined entity ranks third in the Insurance Insider ILS leaderboard.