Sompo Japan has announced that Koji Takahashi will become its Chief Risk Officer (CRO) and Head of Reinsurance on 1 April 2024.
The move comes as Emiko Maki, the current CRO and Head of Reinsurance, is set to step down after announcing her retirement.
Takahashi, who is transitioning from his role as CRO for Sompo Asia-Pacific, brings over three decades of experience within the company to his new position.
In the new role, Takahashi is set to strengthen the link between the company’s P&C and reinsurance operations. He will have a dual reporting line to Koji Ishikawa, President of Sompo Japan and Christopher Donelan, CEO of Sompo.
Mikio Okumura, the designated CEO of Sompo Group, commented on the significance of the new strategy: “By creating a stronger link between our two P&C operations with respect to the purchase of reinsurance, we will ensure a globally consistent and coordinated approach to our broker and reinsurance partners, always working to deliver a frictionless experience.”
James Shea, CEO of Sompo, also reflected on the strategic alignment, commenting, “Having our Ceded Reinsurance team and Takahashi-san working more closely together under the leadership of Chris Donelan will ensure a more efficient go-to-market approach to our placements, continuing unique and distinct local and regional coverages where needed, but global approach when possible.”
Shea also extended his gratitude to the outgoing Maki. “I thank Maki-san for her contributions to Sompo Japan over the years and wish her all the best in her future endeavors.”
