Announced
Completed
Synopsis
RiverStone, a private markets asset management firm, completed the acquisition of Endurance at Lloyd’s, a run-off business, from Sompo International, a holding company. Financial terms were not disclosed. “Since executing on our strategic decision in 2020 to consolidate our UK presence into one company market platform we have taken a measured and controlled approach to withdrawing from Lloyd’s to ensure minimal disruption to our brokers and clients. We’re pleased to enter this agreement with RiverStone International and are committed to making this transition as seamless as possible for our brokers and clients," Julian James, Sompo CEO.
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