Japan’s Sompo Holdings announced that its wholly-owned subsidiary Sompo International Holdings has completed the acquisition of 100% of the issued Class A ordinary shares of Aspen Insurance Holdings. Aspen’s Class A ordinary shares ceased trading on the New York Stock Exchange immediately upon transaction closing.

All series of Aspen’s preference shares will remain outstanding after the closing, with their respective rights, terms and conditions unchanged. Sompo and Aspen may seek to redeem, repurchase or delist the preference shares at a later date. Aspen’s preference shares will continue to be listed on the New York Stock Exchange.