Agreement to Acquire Endurance Specialty Holdings Ltd.October 5th, 2016
FiledOctober 5th, 2016Sompo Holdings, Inc. (“SOMPO”) today entered into a definitive agreement to acquire 100% of the outstanding ordinary shares (the “Acquisition”) of Endurance Specialty Holdings Ltd. (headquartered in Bermuda, listed on New York Stock Exchange, Chairman and CEO: John Charman; “Endurance”), with its operating base centered on the U.S., the world largest insurance market, through SOMPO’s wholly owned subsidiary, Sompo Japan Nipponkoa Insurance Inc. (“SJNK”).