Sompo Holdings
Sompo Holdings conducts management of P&C insurance companies, life insurance companies, and other companies controlled as subsidiaries pursuant to the Insurance Business Law, and other related operations.
See below for the Latest Sompo Holdings News, Analysis, Profit Results, Share Price Information, and Commentary.
Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024
Sompo Holdings' net profit soars by 99% to $1.7b in H1 2024
Ordinary income rose by 11.4% to $19.23b.
Sompo welcomes new COO for APAC
She will be based in Singapore.
Sompo’s risk-adjusted capitalisation reaches peak levels
Despite exposure to equity risk, Sompo has sufficient capital to absorb loss.
How did APAC insurers fare in 2023?
The average premium earned by these companies grew by just 1.3%.
Japan's insurance market tightens amidst increased disasters
Japan’s 3 major groups account for 86% of net premium income.
Japan’s vehicle insurance costs to climb in new year
The country’s big 4 players may raise premiums up to 5%.
Tune Protect Thailand reels in new CEO
She previously worked with MSIG Thailand.
Sompo Thailand unveils new CEO
He has more than two decades of experience in the industry.
Sompo Holdings net income expands in Q1 2024
Net income per share stood at $0.83.
Sompo China secures strong solvency amid dividends
In 2024, it paid $8.6m in dividends, representing 80% of its 2023 earnings.
Bigmotor scandal exposes thousands of fraudulent claims
About 30% of claims investigated in the past 5-8 years were fraudulent.
FSA commands Sompo and other insurers to report info leaks
The insurer revealed that employees had leaked client information.
Sompo appoints new consumer lines leader for APAC
He has an 18-year experience in the industry.
Sompo taps new chief investment officer
Thomas Leone will be coming from PartnerRe.
CEO unfolds how Indonesian firms can focus on growth amidst new regulations
Whilst the market drives towards growth, new rules shrink insurer presence.
Indonesian fintech protects 200k customers through Qoala, Sompo collab
JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.
Sompo forecasts $1.47b net income for FY’25
Its FY’24 net income significantly grew compared to the previous year.
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