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.

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Headquarters Japan

Address 1-26-1, Nishi-Shinjuku, Shinjuku-Ku, Tokyo, 160-8338


Telephone 81 3 33493000

No of Employees 48,956

Industry Financial Services

Ticker Symbol & Exchange 8630 (TYO)

Revenue (2022) $33.2B 8.9% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -59.5% (2022 vs 2021)

Market Cap* $19.5B

Net Profit Margin (2022) XYZ -62.8% (2022 vs 2021)

* As of and is in US$
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Sompo Holdings, Inc. premium industry data and analytics

600+

Insurance Market Data Insights

Insight into market share and brand performance.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Sompo Holdings, Inc. (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Sompo Holdings, Inc.’s likely spend across technology areas enabling you to understand the digital strategy.

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
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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.
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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
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Executives
Name Position Board Since Age
Kengo Sakurada Executive Officer; Director; Chairman; Chief Executive Officer 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 Chairman - Overseas M&A; Senior Executive Vice President 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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