Endurance loses Japanese business post-Sompo deal

Endurance has lost a substantial part of its Japanese non-life
reinsurance book as a result of its $6.3bn takeover by big three
insurer Sompo.
The carrier, which is now under the Sompo International brand,
joins a growing list of firms that have lost out on Japanese
business as a result of new Japanese ownership.
There is an unwritten rule between the Japanese big three -
Sompo, Tokio Marine and MS&AD - that they will not trade with
one another, including...