business growth

Farmers Insurance is set to make history with a bold move: over the next year, the company plans to welcome nearly 1,700 new agency owners—marking one of the biggest single-year growth surges in Farmers’ history.

A wholly owned subsidiary of Sompo International Holdings Ltd. has completed its $3.5 billion acquisition of Aspen Insurance Holdings Ltd., officially taking the insurer private in a blockbuster deal that reshapes the global insurance landscape — and signals even bigger moves ahead.