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Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced it will establish a retail platform designed to integrate all the operations of Sompo Holdings Inc. outside Japan.
Sompo Holdings, which has 45 licensed entities spanning 32 countries throughout Europe, North and South America, Asia and Oceania, the Middle East and Africa, has confirmed its plan to bring all international businesses outside Japan under the ownership of Sompo International (SI) by 2020.
SI has recently completed the integration of the business operations and staff of Sompo America and the integration of Sompo Japan Nipponkoa Insurance Co. of Europe Ltd. (SJNKE) will be completed shortly.
SI's new retail platform reflects the different business and...