All Sompo International articles
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NewsSompo International 9M profits jump as top line grows 13%
Sompo International has posted a nine month adjusted profit of $277mn, a near 80 percent jump from the $154mn it reported in the prior year period.
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News
Sompo International brings in James to lead London and International business
Sompo International has hired industry veteran Julian James to lead its London market and International insurance platforms.
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Sompo International’s Kelley to lead Ed Bermuda liability launch
Ed Broking’s recently established Bermuda unit has appointed Colin Kelley as head of liability on the island, with a mandate to lead the broker’s professional lines, casualty and healthcare teams.
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News
Sompo International names Carter CUO for GRS unit
Sompo International has hired David Carter to serve as chief underwriting officer and executive vice president of its global risk solutions unit.
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News
Sompo International hires US management liability and FI head from XL
Sompo International has named Ray Santiago as executive vice president and head of the US commercial management liability (CML) and financial institutions teams (FI).
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News
FI head Cooper in Sompo International exit
Sompo International’s head of US financial institutions and commercial management liability Fred Cooper is parting company with the carrier, The Insurer can reveal.
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Sompo International replaces CEO Frudd with Okumura
Sompo International has appointed Mikio Okumura as chief executive officer, succeeding Nigel Frudd.
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News
Adverse development impacts Sompo International H1 results despite top line growth
Sompo International reported a H1 adjusted operating profit of $190mn, up only slightly from the $182mn it posted in H1 2018, despite growing its top line by some 13 percent.
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News
Ascot opens FI group with Sompo International’s Becker at helm
Ascot has launched a Management Liability and Financial Institutions (FI) division, led by newly appointed executive vice president, Ryan Becker.
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News
Sompo International looks to Scor’s Leitner for aviation expansion
Sompo International has hired Scor’s Christina Leitner to its aviation division, in the latest turn of the sector’s merry-go-round, The Insurer can reveal.
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News
Willis and Sompo GRS launch commercial real estate platform
Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance platform to serve the needs of the middle market commercial real estate segment.
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News
Sompo launches commercial unit targeting SMEs
Sompo International’s Global Risk Solutions arm is targeting the sub-$100,000 premium market in the US and Mexico.
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News
Blue Capital to run off listed ILS fund
Sompo-owned Blue Capital has announced that its New York and Bermuda listed vehicle will go into run-off and return capital to shareholders as it winds up its operations.
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News
Sompo International restructures commercial P&C as global insurance CEO Kuhn departs
Sompo International has named Michael Chang, Christopher Sparro and Graham Evans co-leaders of the carrier’s commercial property and casualty (P C) insurance division, as John Kuhn, CUO of the P C unit and CEO of global insurance, steps down after six and a half years.
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News
Sompo International targets $6bn 2020 top-line
Bermuda-headquarted Sompo International is planning to grow net premium income to some 650bn yen ($6bn) by 2020.
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Analysis
MS&D and Sompo pass $6.9bn of FY'18 cat losses to reinsurers
The biggest Japanese insurers have revealed the extent of their losses from last year’s domestic catastrophes – Typhoon Jebi chief among them – and the percentage of losses that reinsurers took.
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News
Sompo International 2018 profits slump; returns to u/w profit
Sompo International reported a 2018 adjusted profit of $177mn in the 12 months to 31 March, with the carrier shedding two thirds off the profit of $511mn it posted in the 2017 financial year.
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News
Sompo International promotes Brazil to CEO of Europe insurance unit
Sompo International has named Thomas Brazil chief executive officer of its European Economic Area (EEA) insurance business, Sompo SI Insurance Europe.
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Sompo International appoints commercial P&C CEO
Bermuda-headquartered Sompo International has promoted Christopher Gallagher to the newly-created role of CEO of commercial property casualty, a unit responsible for $6bn in GWP and over 2000 employees globally.
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News
Sompo scouring the market for acquisitions: Frudd
Japanese-owned Sompo International is actively seeking to engage in acquisitions this year, the carrier’s CEO Nigel Frudd has said.
