Sompo

Sompo China’s 'A' rating unaffected by 22% GWP decline in 2023: S&P

July 29 2024

Insurer exited inward motor reinsurance, but portfolio overhaul expected to support sustainable underwriting and entity remains key in Sompo group's international strategy.

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Japan's big 3 non-life insurers see FY23 profits surge despite year of probes and controversies

July 11 2024

Reduced cat losses, overseas performance contribute to profit results, but GIA Chairman says changes are needed on industry fundamentals.

sompo-taps-aigs-bill-zhang-as-president-consumer-lines-for-asia-pacific

Sompo taps AIG's Bill Zhang as President, Consumer Lines for APAC

July 11 2024

Zhang moves after 12 years with AIG and will relocate to Singapore for the new role.

Hiscox shares surge amid reported takeover interest from Sompo and Generali

July 9 2024

Insurance Insider reports interest from Japanese and Italian firms, but a source tells Reuters that Generali has no plans to expand in Britain.

sompo-japan-under-fire-again-for-possible-antimonopoly-law-breach

Sompo Japan faces further heat after investigation reportedly uncovers prearranged premiums

June 17 2024

An external investigation says it found Sompo Japan prearranged premiums with other non-life insurers, affecting 385 corporate clients.

Major Japanese insurers to raise fire premiums by 10% this year - report

May 9 2024

Four major Japanese insurers to raise premiums in October, marking first hike in two years.

sompo-appoints-lee-murphy-as-chief-human-resources-officer-for-apac

Sompo appoints Lee Murphy as Chief Human Resources Officer, APAC

April 11 2024

Murphy's previous experience includes time at FWD as well as tech giants Google and Microsoft.

Sompo promotes Philippines CEO Nakano to newly created Head of JIA, APAC role

April 10 2024

Hideo Nakano, who has served for 30 years with Sompo, takes on new role as Head of Japanese Interest Accounts for Asia Pacific.

Sompo appoints Kenneth Reilly as CEO for APAC

April 2 2024

Reilly takes over from the retiring Daniel Neo and will continue in his role as Head of Tokyo alongside his new responsibilities.

sompo-international-sets-sights-on-singapore-and-asia-exansion

Sompo International sets sights on Singapore and Asia expansion - report

March 25 2024

Sompo International sets sights on expansion in Singapore and Asia, undeterred by Japan's interest rate policy shift.

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