Sompo Japan Nipponkoa has offices and subsidiaries in 28 countries, providing insurance services and risk management.
Asia Pacific
In 1991, PGA Yasuda Insurance Company, Inc., was established in Partnership with Prudential Guarantee and Assurance Inc. In September 2014, upon acquisition of Nippon Koa, it is now named PGA Sompo Insurance Corporation.
In June 2005, Sompo Japan established Sompo Japan Insurance (China) Co., Ltd. in Dalian, China.
Sompo Japan's Australian branch has more than 35 years of operating history.
In 2007, Sompo Japan developed its business in Malaysia by purchasing a 30% stake of Berjaya General Insurance Bhd, now Berjaya Sompo Insurance.
In 2008, Sompo Japan established a joint venture with Karnataka Bank, Indian Overseas Bank and Allahabad Bank (Which later merged with Indian Bank[10] and Dabur Investment Corp. in India, Universal Sompo General Insurance (main office in Mumbai).
In 2022, Sompo Indonesia partnered with Roojai Insurance to provide online car insurance services.[11]
Europe
Sompo Japan has been serving clients in Europe for about 50 years with offices in the United Kingdom, Belgium, France, Germany, Italy, the Netherlands, Spain and Turkey. Sompo Japan Insurance Company of Europe, a corporate member of Lloyd's of London since 1993, conducts underwriting and provides claim settlement, risk management and insurance information mainly to Japanese companies.
In April 2014, Sompo concluded the purchase of specialist Lloyd's of London market company Canopius Group for £594m.[12]
Americas
Through its subsidiary Sompo Japan Insurance Company of America, headquartered in New York, Sompo Japan conducts property and casualty insurance operations in the United States and Canada. Sompo Japan Insurance De Mexico S.A. de C.V. started local operation in Mexico in 1998.
In South America, Sompo Japan's main base of operations is its subsidiary in Brazil, Yasuda Seguros S.A., established in 1958. The majority of Yasuda Seguros clients are local businesses and individuals.
In October 2016, Sompo Japan Nipponkoa has completed its acquisition of Bermuda-based insurer Endurance and will integrate it into its newly launched, fully integrated re/insurance platform in Bermuda, named Sompo International.
The new organization will have a board of its own, led by John Charman as chairman and CEO. He will report to Sompo CEO Kengo Sakurada. Charman was chairman and CEO of Endurance prior to its acquisition.
In October 2016, Sompo announced the initiation of processes to buy 100% of Endurance for the sum of US$6.3 billion. Endurance was delisted from the New York Stock Exchange upon completion of the transaction.
