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 insurance, overseas insurance, domestic life insurance, and nursing care services. The company's major products and services include high-quality property and casualty 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 and Latin America 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 | Others | In August, Sompo Life Re Ltd secured a Bermuda reinsurance license for its subsidiary and initiated intra-group coinsurance for medical policies. |
| 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, Sompo Holdings Inc signed an agreement to acquire Service Insurance Companies. |
Competitor Comparison
| Key Parameters | Sompo Holdings, Inc. | Nippon Life Insurance Co | Daiichi Life Group Inc | Tokio Marine Holdings Inc | MS&AD Insurance Group Holdings, Inc. |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Shinjuku-Ku | Osaka | Chiyoda-Ku | Chiyoda-Ku | Chuo-Ku |
| State/Province | Tokyo | Osaka | Tokyo | Tokyo | Tokyo |
| No. of Employees | 55,702 | 170,711 | 60,138 | 51,987 | 46,856 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mikio Okumura | Director; Executive Officer; Group Chief Executive Officer; President | Executive Board | 2024 | 61 |
| Shinichi Hara | Group Chief Human Resources Officer; Director; Executive Officer; Deputy President | Executive Board | 2025 | 61 |
| Katsuyuki Tajiri | Deputy President; Director; Group Chief Financial Officer; Executive Officer | Executive Board | 2026 | 59 |
| Misuzu Shibata | Director | Non Executive Board | 2020 | 52 |
| Kazuhiro Higashi | Director | Non Executive Board | 2020 | 69 |
| 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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