Overseas Insurance

We have offices in 28 countries
and regions, and are expanding
our business globally from developed
countries to emerging countries.

(As of December 31, 2022)


Global Expansion

The Sompo Holdings Group has overseas subsidiaries, branch offices and representative offices in 28 countries and regions worldwide, including North America, Europe, the Middle East, Africa, Asia, Latin America and Oceania.

Insurance underwriting is possible across member countries of the EEA (European Economic Asia).

Main Future Initiatives

Organic Growth Through Global Platform
As initiatives to contribute to further growth through scale and diversification and profitability in overseas insurance business, within our Commercial P&C business, we are carrying out measures such increasing premiums based on hardening of the market, improving the loss ratio, and optimizing our portfolio. In our retail business, we work on making operations more efficient through restructuring support functions (legal, finance, risk management, audit, IT and HR), and provide best practices and know-how to other countries and other region through an integrated global network. Through these initiatives, we aim to address social challenges and enhance corporate value.

Growth Through Disciplined M&A
Seizing opportunities, we will flexibly conduct M&A and contribute to scale and diversification. Through deliberations at the Global Transaction Committee, which is headed by the Chairman of Overseas M&A and other committees, we carry out swift evaluations while maintaining strict discipline.


AgriSompo, an Integrated Global Platform for Agriculture Insurance

By delivering traditional and innovative products to the world’s farmers and providing solutions to crop-related issues, AgriSompo, Sompo International’s integrated global agriculture platform, continues to develop insurance and reinsurance products. AgriSompo offers crop producers, farmers, and other agri-businesses in the markets in which we operate, comprehensive protection from financial losses resulting from droughts, floods, or other natural disasters using an integrated underwriting, technology, and distribution platform.
In addition, AgriSompo continues to develop traditional and innovative products to keep up with the constantly changing demands of climate change. In certain parts of the world, food is still not guaranteed and when a natural catastrophe hits, many farmers are left financially devastated. Offering protection from the severe downside of natural catastrophes and mitigating the climate change risks and financial consequences brought about by climate change, AgriSompo aids the most vulnerable when natural disasters occur. Sompo International will continue to partner with local government agencies and provide support through participation in subsidized crop insurance programs aimed at supporting farmers in countries such as India and Thailand.
In December 2020, Sompo International Holdings announced the acquisition of Diversified Crop Insurance Service, the fourth largest provider of the US federal sponsored multi-peril crop insurance program, thereby establishing a solid position in crop insurance both in the US and throughout the world.
Going forward, we will continue to develop products aligned with climate change, expanding the AgriSompo platform globally while leveraging the Sompo Group’s extensive network in an effort to promote a sustainable food supply system.

Free distribution of pamphlets related to risk management (available in Japanese and Chinese): “50 anti-infection measures for BCP” and “50 measures against t disasters for BCP”

Sompo Insurance China Co., Ltd. has begun free distribution to customers of a risk management pamphlet covering 50 topics essential to formulating a BCP to address corporate risks from infectious disease—including the COVID-19 pandemic—and natural disasters, which have intensified in recent years.

Initiatives in the continent of Africa

Striving to enhance its sales network on the continent of Africa, the Sompo Group reached a strategic partnership agreement with Sanlam Group *1 in 2017.
Since then, we have conducted a variety of initiatives, including personnel exchanges and joint market development efforts. We held joint business seminars with the Sanlam Group in Japan (September 2018), South Africa (February 2019) and Kenya (July 2019), and Morocco (February 2020). Since the outbreak of the COVID-19, similar business seminars have continued online, in which many Japanese companies participated.
In August 2022, the Sompo Group concluded a memorandum of cooperation with Tunisian insurance company AMI Assurances to further expand its sales network on the continent of Africa. This initiative was introduced at the Eighth Tokyo International Conference on African Development (TICAD8) *2 held in August 2022.
As the Sompo Group aims to provide high-quality financial services to multinational corporations across Africa, we will continue to enhance our presence throughout the region.

provided by JETRO

  1. Sanlam Group is the largest non-bank financial services group in Africa, with a widely spread network across the continent. Through its five companies (Sanlam Personal Finance, Sanlam Pan Africa, Sanlam Investments, Sanlam Corporation and Santam), they run business not only in P&C and life insurance, but also financial planning, pensions, investment, and wealth management for the affluent.
  2. Since 1993, the Japanese government has jointly organized Tokyo International Conference on African Development (TICAD) with the United Nations, the United Nations Development Programme (UNDP), the World Bank and the African Union Commission (AUC). The Eighth Tokyo International Conference on African Development (TICAD8) was held in Tunis, Tunisia on August 27-28, 2022, and the Sompo Group participated in the related event business forum (JETRO hosted).
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