Sompo (OTCMKTS:SMPNY) Holdings, Inc. is a Tokyo-based global insurance provider that offers a diverse array of property and casualty, life, and health insurance products and services. Through its subsidiaries, the company underwrites policies for retail and corporate clients, providing coverage for automobiles, homes, businesses and specialty risks. Sompo also operates in the reinsurance market, leveraging its underwriting expertise to support insurers worldwide. The firm’s risk management solutions include claims handling, loss prevention consulting and catastrophe modeling, helping clients mitigate exposure and enhance operational resilience.
In addition to traditional underwriting, Sompo has expanded into wellbeing and senior care services. Its Sompo Care division delivers nursing home operations, home-visit nursing and rehabilitation programs across Japan. The company has also invested in telemedicine platforms and digital health initiatives, integrating technology to deliver personalized care services. These offerings complement Sompo’s core insurance business, reflecting a strategic shift toward comprehensive risk and wellbeing management.
Sompo maintains a substantial international footprint, with operations spanning the Americas, Europe, Asia-Pacific and the Middle East. In 2016, Sompo International was formed through the acquisition of Endurance Specialty Holdings, strengthening its global specialty and reinsurance capabilities. The group has since established regional hubs in Bermuda, London, New York and Singapore, partnering with local insurers and brokers to distribute its products and services. This global network enables Sompo to serve multinational corporations and regional clients with tailored insurance solutions.
Tracing its roots to the founding of Yasuda Fire & Marine Insurance in 1887, Sompo has evolved through mergers, acquisitions and rebranding to become one of Japan’s leading insurers. The company adopted the Sompo name in 2002 and launched a holding company structure as part of its corporate transformation a decade later. Under the leadership of President and Group CEO Kengo Sakurada, Sompo continues to pursue digital innovation, sustainable business practices and strategic partnerships to address emerging risks such as climate change and cyber threats.
