Sompo Japan Insurance Inc. · Tokyo Japan ·(Tokyo: 87550)
Company Description
Phone: -3-3349-3111
Fax: -3-3349-4697
Rankings
- Nikkei 225
View Sompo Japan Insurance Inc. Locations On A US Map
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This link will open in a new window In Japan, "non-life" isn't creepy, it's just car insurance, and Sompo Japan is one of the biggest players. Voluntary and compulsory automobile insurance combined account for over half of the insurance company's premiums. Though non-life is its largest segment, the company also provides life insurance through its Sompo Japan Himawari Life and Sompo Japan DIY Life Insurance subsidiaries. It also provides reinsurance, asset management, and venture capital. Sompo Japan has announced that it will merge with its smaller rival property/casualty insurer Nipponkoa . To read the full description, subscribe now.
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Key Sompo Japan Insurance Inc. Financials
| Company Type | Public - Tokyo: 87550 Headquarters |
| Fiscal Year-End | March |
| 2008 Sales (mil.) | $19,075.7 |
| 2008 Employees | 16,095 |
Sompo Japan Insurance Inc. Executives
14 executives listed for Sompo Japan Insurance Inc.'s Tokyo, location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Masatoshi Sato | Network |
| Senior Managing Executive Officer and Director | Hisashi Nakano | Network |
| Senior Managing Executive Officer and Director | Mitsuhiko Fuse | Network |
Competition
Competitive Landscape for Sompo Japan Insurance Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Sompo Japan Insurance Inc. Competitors
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