Sompo strikes $3.5B for Aspen as buyers chase float
Sompo's move on Aspen and Gallagher's $13.4B AssuredPartners deal stamp the quarter: private capital keeps consolidating platforms and balance sheets.
PE tightens its grip as Sompo takes Aspen for $3.5B and Gallagher lands AssuredPartners at $13.4B — while a fresh crop of carriers tests the public window.
“We make the business of insurance impossible to ignore.”
Every story is filed into one of five running beats — from capital markets and private-equity consolidation to carrier operating results and long-form deep dives.
Combined ratios, ROE, capital returned. Engineered charts that make the sector legible at a glance.
“Discipline is a strategy, not a slogan — it shows up in the combined ratio every quarter.”
Scale, underwriting discipline, and global diversification aren't buzzwords on Chubb's book — they're the moat.
“We returned $8.1 billion of capital to shareholders through repurchases and dividends.”
From its 1919 founding through the crisis and back; today the story is capital return.
IPOs, valuations, and market performance.
M&A activity, platform strategies, and exits.
Underwriting trends, financial metrics, and benchmarks.
Regulation, climate, and emerging risks.
Company analysis. Strategic perspective.
Capital markets moves, deals, and the numbers behind the headlines, read by the people who actually price and buy the risk.
Join 4,000+ underwriters, investors, and CROs

Making the business of insurance understandable — concise, independent, data-driven research for the investors and executives who move capital.
Owning Risk is a premium insurance industry intelligence publication covering capital markets, private equity activity, carrier fundamentals, and the economics that drive the sector. Insurance is one of the world's largest and least understood financial sectors. Better information leads to better capital allocation.