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Sompo International closes acquisition of Italian agriculture insurance company

Sompo International has completed the acquisition of Peschiera Borromeo, Italy-based agriculture insurance specialty company A&A Srl.

Giovanni Giudici, chairman and managing director, and Guido Passarini, chief administrative officer, will continue to manage A&A's staff and operations. John Charman, Sompo International CEO and chairman; Kristopher Lynn and Avery Cook, senior vice presidents of agriculture reinsurance; and Patrizio Cassinis, senior vice president and senior underwriter of reinsurance, have joined A&A's board.

Sompo is a Bermuda-based specialty provider of property and casualty insurance and reinsurance company.