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Sompo to Acquire Aspen Insurance for 3.48 B. Dollars

Sompo to Acquire Aspen Insurance for 3.48 B. Dollars

   Tokyo, Aug. 28 (Jiji Press)--Sompo Holdings Inc. said Wednesday that it will acquire Aspen Insurance Holdings Ltd., a nonlife insurer that operates mainly in the United States, for about 3.48 billion dollars.
   The Japanese nonlife insurer aims to enhance its overseas operations through the acquisition of Aspen, which has expertise in specialty insurance, such as insurance against cyberattacks, and reinsurance.

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AFP-JIJI PRESS NEWS JOURNAL


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