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Sompo Japan Insurance Inc.
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1 through 20 of 21 matching documents, best matches first.   Sort by date

Sompo Lowers 2019 Profit Forecast on Higher Domestic Cat Losses
Domestic unit Sompo Japan Nipponkoa Insurance Inc. narrowed its underwriting loss to ¥21 billion, compared with a ¥58.4 billion loss in the prior-year half. Domestic natural ...
Source: BestWire   Date: November 19, 2019
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FSA: Japan’s Three Major Nonlife Groups Posted Underwriting Loss in First Half
Tokio Marine Holdings Inc., MS&AD Insurance Group Holdings Inc. and Sompo Holdings Inc. Claims losses related to domestic natural catastrophes contributed to the drop, according to ...
Source: BestWire   Date: January 16, 2019
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Sompo Revises Downward 2018 Profit Forecast With Projected ¥175 Billion Loss From Domestic Cats
Japanese group's financial statement. Domestic natural catastrophes are expected to bring a net incurred loss of ¥175 billion for the full 2018 fiscal year, said Sompo. Its net ...
Source: BestWire   Date: November 26, 2018
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Sompo First-Quarter Net Doubles, Supported by Underwriting and Investment Profit Surge
Japanese group's financial presentation. A rise in underwriting and investment profit contributed to the net income surge. Sompo Japan Nipponkoa Insurance Inc. posted a 26.7% rise ...
Source: BestWire   Date: August 13, 2018
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Mitsui Sumitomo Gets License to Operate in Myanmar
Mitsui Sumitomo Insurance Co. Ltd. has received a license to operate in Myanmar's Thilawa special economic zone to offer nonlife insurance products in the area, according to a ...
Source: BestWire   Date: June 5, 2015
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Japanese Nonlife Insurers See Results Improve Amid Reserve Releases, Lack of Catastrophes
Tokio Marine Holdings Inc. aggregately posted net income of 257 billion yen (US$2.6 billion) in the 2012 fiscal year, compared with a loss of 256 billion yen a year ago, according ...
Source: BestWire   Date: July 10, 2013
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Japanese Insurance Groups Consolidate Units to Boost Profitability
Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. Ltd., both major nonlife units of NKSJ Holding Inc., point to this effort to increase profitability through greater ...
Source: BestWire   Date: March 30, 2012
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Domestic Economic Concerns Drive Japanese Insurers Into Overseas Markets
United States over the past year. The country's three major nonlife insurance groups are "pursuing global expansion and expansion of life subsidiaries by utilizing their sales ...
Source: BestWire   Date: February 7, 2012
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Japan's NKSJ Expects Bigger Net Loss on Thailand Flood Impact
Sompo Japan carries 36.1 billion yen, and Nipponkoa will take a 36.5 billion yen hit. Overseas subsidiaries including SJ Singapore and SJ Thailand will absorb 28.7 billion yen in ...
Source: BestWire   Date: January 27, 2012
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Thailand Floods Hit Earnings Forecasts for Japan's Three Major Nonlife Groups
Thailand floods and other natural perils in Japan. The three groups posted combined total estimated losses of about 260 billion yen (US$3.4 billion) from the Thailand floods. Tokio ...
Source: BestWire   Date: November 21, 2011
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Japan's Top Nonlife Groups Revise Profit Forecasts Downward as Quake Takes Toll
Insurance Group Holding Inc. and NKSJ Holding Inc., have revised their business forecasts downward due to losses from the March 11 earthquake and tsunami in Japan. MS&AD, the ...
Source: BestWire   Date: May 4, 2011
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Insurers Pressed to Innovate in Japan's Shifting Market
Insurance Group Holdings Inc. was formed for the integration of Mitsui Sumitomo Insurance Co. Ltd., Aioi Insurance Co. Ltd. and Nissay Dowa General Insurance Co. Ltd. Also, NKSJ ...
Source: BestWire   Date: August 3, 2010
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Japan's Insurers Look to Rebound From Economic, Social Setbacks
...This is the first of a two-part series. Next week: How Japan's insurers are adjusting to competition and growth constraints.) Many Japanese insurers are revamping their business, ...
Source: BestWire   Date: July 27, 2010
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A.M. Best Comments on the Establishment of Two New Japanese Holding Companies
Insurance Group Holdings, Inc. (MS&AD). The other holding company was formed when NIPPONKOA Insurance Company Ltd (Nipponkoa) and Sompo Japan Insurance Inc. (Sompo Japan) created ...
Source: BestWire   Date: April 20, 2010
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Asia's Reinsurance Sector Deals With Business and Regulatory Change
... Insurance Group Holdings Inc. -- is setting a new scene for the insurance market in Japan. They were formed through the integration of Sompo Japan Insurance Inc. [85258] and ...
Source: BestWire   Date: December 1, 2009
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Japan's Reinsurance Market Still Robust, Despite Economic Slump
For earthquake insurance, the total amount was 159.4 billion yen for the 10 largest claims paid for dwelling risks between 1995 and 2008. In addition to private insurance coverage, ...
Source: BestWire   Date: October 20, 2009
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Recession Creates Opening in Retail Business for Aon Japan
Japanese clients for domestic services and outbound business. Aon Japan is eyeing Japanese corporates for its business growth. Aon Japan has about 300 corporate clients, well over ...
Source: BestWire   Date: October 13, 2009
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Japanese Insurers Face Strategic Dilemma Amid Adverse Market Conditions
Naoyuki Shibata, insurance practice lead at Accenture Japan. Cross-border mergers and acquisitions and aggressive expansion strategies in emerging markets like Brazil, Russia, ...
Source: BestWire   Date: August 4, 2009
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Japan's Sompo, Nipponkoa Seek to Cut Costs With Joint Holding Company
Nipponkoa President Makoto Hyodo will be chairman. The group said the deal will not have any material impact on the financial results of Sompo and Nipponkoa for the 2009 fiscal ...
Source: BestWire   Date: August 3, 2009
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Japan's Insurance Market Struggles With a Tangle of Tough Economic Conditions
Japanese economic conditions," said Wong. In the 2008 fiscal year ended March 31, 2009, the Life Insurance Association of Japan's report on 44 life insurers showed a dual drop of ...
Source: BestWire   Date: July 14, 2009
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