Sompo expands into Europe with licences for Netherlands, Belgium
March 27 2025 by Mithun Varkey
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Bain Capital exits Tower investment via US$50m block deal
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Kiwi insurer's largest shareholder sells 19.941% stake for US$0.74 per share.
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Mitsui Sumitomo agrees to acquire 15% in WR Berkley for about US$3.8bn
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Japanese insurer will buy the shares through open market purchases or private transactions with third parties and expects to complete the acquisition by March 2026.
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Non-life carrier will maintain independent management and have a separate board of directors.
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Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
