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Sompo spends $3.5bn to buy Aspen as part of diversification plan

By 2025-08-27T13:13:00

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‘Strategic acquisitions have been a key part of our growth plan to build a robust and diversified global P&C platform – and Aspen represents an excellent opportunity at the right time in the market cycle,’ says insurer’s P&C boss

A wholly owned subsidiary of Japan-headquartered Sompo International Holdings has today (27 August 2025) confirmed a merger with (re)insurer Aspen Insurance Holdings, purchasing 100% of Aspen’s class A ordinary shares for a collated value of $3.5bn (£2.65bn).

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