{"id":1272,"date":"2022-08-30T14:52:00","date_gmt":"2022-08-30T13:52:00","guid":{"rendered":"http:\/\/localhost\/?p=1272"},"modified":"2023-01-22T15:34:41","modified_gmt":"2023-01-22T15:34:41","slug":"riverstone-international-signs-agreement-with-sompo-international-to-acquire-run-off-endurance-at-lloyds-eal-business","status":"publish","type":"post","link":"https:\/\/www.rsml.co.uk\/2022\/08\/riverstone-international-signs-agreement-with-sompo-international-to-acquire-run-off-endurance-at-lloyds-eal-business\/","title":{"rendered":"RiverStone International signs agreement with Sompo International to acquire run-off Endurance at Lloyd\u2019s (EAL) business"},"content":{"rendered":"\n

Sompo International\u2019s press release:<\/p>\n\n\n\n

PEMBROKE, Bermuda, August 30, 2022 \u2014 Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today the sale of its Endurance at Lloyd\u2019s (EAL) run-off business to RiverStone Holdings Limited (RiverStone International), effectively completing the company\u2019s previously communicated objective to consolidate its UK presence into one company market platform.<\/p>\n\n\n\n

Julian James, CEO, Global Markets, Commercial P&C said: \u201cSince 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\u2019s to ensure minimal disruption to our brokers and clients. We\u2019re pleased to enter this agreement with RiverStone International and are committed to making this transition as seamless as possible for our brokers and clients.<\/p>\n\n\n\n

We look forward to having a constructive collaboration with Lloyd\u2019s for the benefit of the London market and beyond.\u201d<\/p>\n\n\n\n

About Sompo International<\/strong>
\u201cSompo International\u201d refers to Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries.\u00a0Through its operating subsidiaries, Sompo International is a leading global provider of commercial and consumer property and casualty (re)insurance. Sompo International Holdings Ltd. is an indirect wholly owned subsidiary of Sompo Holdings, Inc. (\u201cSompo Holdings\u201d). With approximately 10,000 employees at Sompo International, 75,000 employees total worldwide, entities in over 29 countries and over $36 billion in Gross Written Premiums, Sompo Holdings is one of the leading property and casualty insurance groups in the world.\u00a0Sompo Holdings maintains excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor\u2019s on its principal operating subsidiaries. For more information about Sompo International, follow us on LinkedIn or please visit\u00a0www.sompo-intl.com<\/a>.<\/p>\n\n\n\n

Contact<\/strong>
Sompo International
Cara Gallagher
SVP, Marketing & Communications
Phone: + 1 917 421 4973
Email: cagallagher@sompo-intl.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sompo International\u2019s press release: PEMBROKE, Bermuda, August 30, 2022 \u2014 Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, announced today the sale of its Endurance at Lloyd\u2019s (EAL) run-off business to RiverStone Holdings Limited (RiverStone International), effectively completing the company\u2019s previously communicated objective to consolidate its UK presence into […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1272","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\nRiverStone International signs agreement with Sompo International to acquire run-off Endurance at Lloyd\u2019s (EAL) business - RiverStone International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rsml.co.uk\/2022\/08\/riverstone-international-signs-agreement-with-sompo-international-to-acquire-run-off-endurance-at-lloyds-eal-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RiverStone International signs agreement with Sompo International to acquire run-off Endurance at Lloyd\u2019s (EAL) business - 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