All Sompo International articles
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NewsSompo Intl delivers Q1 CR of 91% as rate momentum fuels 12% top-line growth
Sompo International shaved 3.2 percentage points off its combined ratio for the first quarter of the financial year to deliver a result of 91.0 percent.
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News
Sompo Intl exits in London continue with hull and liability SVP Stafford-Hill
Christopher Stafford-Hill, Sompo International’s senior vice president, marine hull and liability for the London market and Europe, has become the latest high-profile departure from the carrier, The Insurer can reveal.
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News
Richard Housley to exit Sompo International
Sompo International executive Richard Housley will become the most high-profile London market figure to exit from the global carrier following John Charman’s recent retirement, The Insurer can reveal.
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News
WTW adds Martuscelli as real estate and hospitality leader from Sompo
WTW has hired James Martuscelli from Sompo International as head of its real estate and hospitality practice within its corporate risk and broking (CRB), North America platform with the executive following Michael Chang in making the move between the companies.
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News
Sompo International adds former AIG exec Walsh to board
Sompo International has appointed former AIG executive and industry veteran Nicholas Walsh to its board of directors of Sompo International Holdings Ltd.
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News
Sompo International two-year deal points to peak of cedes in casualty/PL
Sompo International’s excess casualty proportional treaties have renewed at 1 June with no change to their expiring 35 percent ceding commission, although reinsurers had the option to write the quota shares at a 1 point reduction in commission if they agreed to a two-year deal, The Insurer can reveal.
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News
Sompo International posts CR of 93.9% in fiscal 2021 as GWP increases 31%
Sompo International has booked $12.27bn in gross written premium (GWP) for the fiscal year ended 31 March 2022 – a 31.1 percent increase on the prior-year period – with the carrier also shaving 3.9 percentage points off its combined ratio.
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News
WTW confirms Chang as head of corporate risk and broking in North America
Global broker WTW has appointed former Sompo International Global Risk Solutions (GRS) CEO Michael Chang as its new head of corporate risk and broking in North America, confirming the news first reported by The Insurer yesterday evening.
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News
Trio of Sompo GRS execs resign in wake of Chang departure
Three executives from Sompo International who worked closely with former Global Risk Solutions (GRS) CEO Michael Chang have resigned from the company, The Insurer can reveal.
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News
Sompo Intl sets up Tokyo office led by ex-AIG exec Reilly
Kenneth Reilly has been appointed as executive vice president, general manager, global business department at Sompo Holdings and executive vice president, head of the new Sompo International Tokyo office, effective 1 July.
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News
Sompo Intl confirms insurance realignment with Chang as global distribution chief
Sompo International has formally announced the strategic realignment of its insurance operations first revealed by The Insurer on Monday, with the company saying that the reshuffle would bring a “consistent market approach and improve the ease of doing business” with Sompo globally.
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News
Sompo International realigns GRS as part of insurance strategic reorganisation
Sompo International is realigning its P&C insurance business under the leadership of regional CEOs including Chris Sparro at the head of its newly formed North America region and Julian James as head of EMEA in a move that folds its Global Risk Solutions into the structure, The Insurer can reveal.
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News
Sompo International targets casualty growth with QBE’s Hiller
Sompo International has appointed Jon Hiller as senior vice president and head of international casualty, London market.
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News
Zurich NA hires Sompo International’s Martino for Midwest mid-market build out
Zurich North America (NA) has brought in Trey Martino from Sompo International to lead the growth of its middle market book in the carrier’s Midwest region.
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News
Sompo International names Iacocca US head of FI
Sompo International has promoted Kimberly Iacocca to senior vice president and head of financial institutions (FI) for the US.
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News
Sompo International moves German HQ to Cologne
Sompo International has moved its German operations from Dusseldorf to Cologne.
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Analysis
Sompo Intl 9M surge highlights MS Amlin’s turnaround struggles
The latest figures show the Japanese big three carriers’ international operations are travelling at different speeds.
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News
Sompo International posts 9M CR of 94.7% as GWP increases 33%
Sompo International has booked $10.13bn in gross written premium (GWP) for the nine months ended 31 December 2021 – a 33.2 percent increase on the prior-year period – with the carrier also shaving 4.6 percentage points off its combined ratio.
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Viewpoint
Casualty fac firmly in focus heading into 2022
Upheaval in the treaty reinsurance market has historically led to heightened interest in facultative coverage. As such, the prospects for the fac market heading into 2022 are buoyant, with shifting in price expected in the commercial auto, workers’ compensation and general liability sectors, says Sompo International’s Christos Charitos.
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News
Sompo International confirms Goodloe as head of E&S casualty for US insurance
Former Ategrity CUO for brokerage John Goodloe has been named executive vice president and head of E&S casualty for US insurance at Sompo International in a move first revealed by this publication.
