BNET Industries
Last Fiscal Year Sales:$16.6B
- Private
- JP
Dow Jones Description
Their cars are small, but the Japanese are big on auto insurance. Founded in 1888 and headquartered in Tokyo, Japan, Sompo Japan Insurance, Inc. (Tokyo: 8755) is one of Japan's largest non-life insurers. The company offers coverage for auto, fire, property and casualty, as well as some reinsurance, asset management, and capital. Some of its subsidiaries do, in fact, offer life insurance as well. The company has annual revenue of about AŃ1.9 trillion and employs about 14,700 people. Almost 70% of premiums are from auto policies. The company has more than 63,000 sales agents.
Number of Employees 14,705
Contact Information
26 1 Nishi Shinjuku 1 Chome
Shinjuku Ku
Tokyo 160 8338
(81) 333493111
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
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Sompo Japan Raises Earning Projection by 23 Billion Yen on Lower Cat Costs
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Japan's Sompo, Nipponka Seek to Cut Costs With Joint Holding Company
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UPDATE:Nipponkoa Insurance,Sompo Japan Release Merger Details
News & Analysis
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sompo japan insurance inc. - All News and Analysis
9/11 attacks could hurt Triad Hebrew academy
- 2004-09-01
It's unlikely that Muslim hijackers had the American Hebrew Academy on their radar Sept. 11, 2001, when they crashed jetliners into the World Trade Center, the Pentagon and a field in southern Pennsylvania. After all, the Greensboro boarding school opened just the day before. But the suicide missions set off...
Sompo Japan Insurance Inc. Swings Back into Black in FY 2003.
- 2004-05-21
Kyodo News International, Tokyo Knight Ridder/Tribune Business News May 21--TOKYO -- Sompo Japan Insurance Inc. said Friday it swung back into the black in fiscal 2003 as the recovery in the nation's stock market in the just-ended business year brought remarkable improvements...
The stock market reads through strong-yen worries: Japan is better prepared for the ramifications of the weak dollar
- 2004-03-01
THE PATTERN OF NET buying and selling during the first few months of this year is essentially the same as that seen for most of last year: Buying among foreign investors has accelerated again, while there has been an equally large amount of net selling by domestic financial institutions, corporations...
Cadwalader Wickersham & Taft LLP: Sompo Japan Insurance Wins Billion Dollar Arbitration Award Against Fortress Re; One of the Largest Arbitration Awards Ever Rendered.
- 2003-12-29
NEW YORK, NEW YORK, Dec 29, 2003 CCNMatthews via COMTEX Cadwalader Wickersham & Taft LLP, attorneys for Sompo Japan Insurance Inc., announced today that it filed papers Friday, December 19 in the United States District Court for the Middle District of North Carolina to...
Sompo Japan Insurance Inc. Makes Joint Venture Brokerage Wholly Owned Unit.
- 2003-09-01
Kyodo News International, Tokyo Knight Ridder/Tribune Business News Sep. 1--TOKYO--Sompo Japan Insurance Inc. said Monday it made Sompo Japan Cigna Securities Co. a wholly owned subsidiary of the nonlife insurance company the same day. Sompo Japan has completed a buyout...
- 1
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