Sompo to Acquire Aspenl in $3.5B Deal

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  • Skadden Arps Slate Meagher & Flom LLP, representing Sompo, with a team led by partners Todd Freed, Patrick Lewis, Joseph Penko, Dwight Yoo, Danielle Li, Jared Binstock, Kenneth Schwartz, David Schwartz, and Oren Epstein.

  • Sidley Austin LLP, advising Aspen, with partners Sean Carney, Jonathan Blackburn, David Perkins, and Jessica Day.

On the financial side, Morgan Stanley is advising Sompo, while Goldman Sachs and Insurance Advisory Partners are working with Aspen.

A Defining Move in the Insurance Landscape

The Sompo to acquire Aspenl deal marks a defining moment in the global insurance industry, combining Japanese financial power with Aspen’s international specialty and reinsurance expertise. If successful, the acquisition will reshape Sompo’s presence worldwide and intensify competition in the high-stakes world of global risk management.