Sompo bids for US insurer Endurance

Sompo, a Japanese insurer, has been looking hard for acquisitions since last year. It has now found one.

Sompo has announced a plan to buy US insurer Endurance Specialty Holdings for $6.3 billion, joining a raft of Japanese insurers that have turned to overseas markets to boost revenues.

¬ Haymarket Media Limited. All rights reserved.

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