Endurance Surges as Insurer in Talks to Be Acquired by Sompo

  • Sompo say it wil decide on reported transaction Wednesday
  • Endurance shares climb 35% in New York trading, most since IPO

Endurance Specialty Holdings Ltd. jumped the most since its 2003 initial public offering after a report that Sompo Japan Nipponkoa Insurance Inc. is planning to bid about $6.5 billion for the Bermuda-based insurer.

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