Sompo Holdings, Inc. - Company Profile
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Sompo Holdings, Inc. (Sompo Holdings) is a provider of multi-line insurance products. It provides a wide range of life and non-life insurance products to individuals, families and business clients. Its portfolio of insurance products includes fire and allied insurance, marine insurance, personal accident insurance, automobile insurance, individual and group life insurance, pension plans and annuities. Sompo Holdings also provides investment advisory, fund trust management, asset management, risk consulting, consulting for health, nursing care, disease prevention and assistance services. The company has operations in North America, Europe, the Middle East, Africa, Asia, Latin America, and Oceania. Sompo Holdings is headquartered in Tokyo, Japan.
Sompo Holdings, Inc. premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Property and Casualty Insurance: | Investment Advisory Services | Sompo |
Fire and Allied Insurance | Defined Contribution Pension Fund Management Services | |
Marine Insurance | Asset Management Services | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Corporate Changes/Expansions | In July, the company announced the opening of a cybersecurity center and a software development group in Israel. |
2023 | New Products/Services | In April, the company launched the egaku business, a real data utilization service for nursing care-advancing to a new stage to solve social issues surrounding nursing care. |
2023 | Acquisitions/Mergers/Takeovers | In February, the company completed the acquisition of ND Software Co., Ltd. |
Competitor Comparison
Key Parameters | Sompo Holdings, Inc. | Nippon Life Insurance Co | Tokio Marine Holdings Inc | MS&AD Insurance Group Holdings, Inc. | Sumitomo Life Insurance Co |
---|---|---|---|---|---|
Headquarters | Japan | Japan | Japan | Japan | Japan |
City | Shinjuku-Ku | Osaka | Chiyoda-Ku | Chuo-Ku | Osaka City |
State/Province | Tokyo | Osaka | Tokyo | Tokyo | Osaka |
No. of Employees | 48,956 | 70,714 | 44,721 | 38,367 | 44,049 |
Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kengo Sakurada | Executive Officer; Chief Executive Officer; Director; Chairman | Executive Board | 2022 | 67 |
Mikio Okumura | Chief Operating Officer; Executive Officer; President; Director | Executive Board | 2022 | 58 |
Kazuhiro Higashi | Director | Non Executive Board | 2020 | 66 |
Scott Trevor Davis | Director | Non Executive Board | 2014 | 63 |
Nigel Frudd | Senior Executive Vice President; Chairman - Overseas M&A | Executive Board | 2023 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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