Lloyd's/London

Apollo snaps up Aspen in $2.6bn deal

Aspen Insurance has entered an agreement with investment manager Apollo that will see it sell all remaining shares in the business for $42.75 (£33.15) per share, a total of $2.6bn (£2bn).

Analysis: Pricing climate risks

As climate change becomes tangible, insurers are feeling the heat. Their understanding of the risks could inform not just their underwriting but also their investment strategies.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: