This edition of International People Moves details appointments at re/insurer Sompo and the re/insurance broker BMS. A summary of these new hires follows here. Sompo Promotes Allen as CUO of Global Markets Commercial P&C Insurance, Succeeding Easton Sompo, the provider …
Sompo Holdings Inc. will place more focus on integrating domestic and overseas operations for further growth after a spell of acquisitions abroad boosted the global presence of Japan’s No. 3 non-life insurer group, a senior executive said. “We rapidly shifted …
Michael Chang, former CEO of Sompo International’s Global Risk Solutions business, has been hired by WTW as head of Corporate Risk and Broking (CRB) North America. Chang was at Sompo for six years, where he was also co-leader of Global …
Sompo International Holdings Ltd., a global Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced it has moved its German operations from Dusseldorf to its new headquarters located in Cologne at Opladener Straße 8, 50679. “Our new office in Cologne …
This edition of International People Moves covers appointments at Sompo International, AXA XL and OneGlobal Broking. A summary of these new hires follows here. Sompo Int’l Appoints QBE’s Reid as Head of Casualty, International Insurance Sompo International Holdings Ltd., a …
Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings, Sompo Japan Nipponkoa Insurance and Tokio Marine & Nichido Fire Insurance Co. (TMNF), with no material effects on capital and …
Bermuda-based Sompo International announced that Paul Ashworth has joined the company’s London Market Insurance platform as head of Marine Insurance, managing a diverse portfolio, including hull & liability and cargo & specie marine classes. Ashworth has built and managed marine …
A.M. Best has placed under review with developing implications the financial strength rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Zurich-based Sompo Japan Canopius Reinsurance AG. The credit rating action follows the successful completion the …
Endurance Specialty Holdings Ltd. got a financial ratings upgrade from A.M. Best and is no longer under review, based on positives the ratings agency sees after it was acquired by Japan’s SOMPO Holdings Inc. for $6.3 billion. A.M. Best upgraded …
Japan’s cashed-up insurers are likely to keep paying hefty premiums for overseas assets as they seek to spur growth and overcome negative interest rates, fewer lucrative investment options and a fast-maturing market at home. According to Thomson Reuters data, last …
