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Sompo Holdings Snapshot
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 fire, accident, and marine insurance, as well as reinsurance, asset management, and venture capital products and services. Sompo Japan formed a joint holding company with smaller property/casualty insurer Nipponkoa in 2010. As NKSJ Holdings, the two companies hope to better compete in their markets.
