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 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. |
| 2026 | Contracts/Agreements | In April, the company and Zego entered into a partnership to develop next-generation digital motor insurance products for the Japanese market. |
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 | 40,016 | 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 | Group Chief Executive Officer; President; Executive Officer; Director | Executive Board | 2024 | 61 |
| Shinichi Hara | Executive Officer; Director; Deputy President; Group Chief Human Resources Officer | Executive Board | 2025 | 61 |
| Masahiro Hamada | Executive Officer; Deputy President; Group Chief Financial Officer; Director | Executive Board | 2025 | 62 |
| Kazuhiro Higashi | Director | Non Executive Board | 2020 | 69 |
| Scott Trevor Davis | Director | Non Executive Board | 2014 | 66 |
| 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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