Company Profile - Sompo Holdings, Inc.

Introduction

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. The company reported net premiums written (P&C Insurance) of JPY3,215,713 million for the year ended March 31, 2022 (FY2022), representing an increase of 10% over FY2021. It reported life insurance premiums of JPY325,183 million for FY2022, reflecting a decline of 6.1% over the previous year.