Sompo Holdings, Inc. - Company Profile
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Sompo Holdings, Inc. (Sompo Holdings) is a diversified insurance holding company engaged in a range of business activities, primarily focusing on domestic property and casualty (P&C) insurance, overseas insurance, domestic life insurance, and nursing care services. The company's major products and services include high-quality P&C insurance, life insurance, and a variety of nursing care services. Sompo's offerings cater to a wide range of customers, from individual policyholders to businesses seeking comprehensive risk management solutions. The company distributes its insurance products through agencies and direct sales channels. It has presence in North America, Europe, the Middle East, Asia, Latin America, and Oceania, targeting both developed and emerging markets. Sompo is headquartered in Tokyo, Shinjuku-Ku, 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 |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company signed a partnership with the PGA TOUR to become a full-field PGA TOUR tournament beginning in 2027. |
| 2026 | Contracts/Agreements | In July, the company signed an agreement to acquire Service Insurance Companies. |
| 2026 | Contracts/Agreements | In May, Sompo Japan Insurance signed a strategic partnership agreement with DRS Group to develop a rapid and environmentally friendly vehicle repair system. |
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 |
| State/Province | Tokyo | Osaka | Tokyo | Tokyo | Osaka |
| No. of Employees | 55,702 | 170,711 | 51,987 | 39,746 | 42,317 |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mikio Okumura | Director; President; Group Chief Executive Officer; Executive Officer | Executive Board | 2024 | 61 |
| Katsuyuki Tajiri | Director; Deputy President; Executive Officer; Group Chief Financial Officer | Executive Board | 2026 | 59 |
| Shinichi Hara | Group Chief Human Resources Officer; Director; Executive Officer; Deputy President | Executive Board | 2025 | 61 |
| Kazuhiro Higashi | Director | Non Executive Board | 2020 | 69 |
| Yasuhiro Oba | Chief Executive Officer - SOMPO Wellbeing; Chairman -Sompo Himawari Life Insurance; Senior Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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