Overseas Insurance

We have offices in 29 countries
and regions, and are expanding
our business globally from developed
countries to emerging countries.

(As of March 31, 2022)


Global Expansion

The Sompo Holdings Group has overseas subsidiaries, branch offices and representative offices in 29 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.

Launch of Thailand’s first parametric weather insurance product for sugar cane and cassava farmers (May 2021)

SOMPO Insurance Thailand, in cooperation with Marubeni Corporation and Productivity Plus Co., Ltd.*1 for sugar cane, and with Ajinomoto Co., (Thailand) Ltd. and FD Green (Thailand) Co., Ltd.*2 for cassava and with technical support from AgriSompo, an integrated agricultural insurance and reinsurance platform, has developed Thailand’s first parametric weather insurance product for sugar cane and cassava farmers.
This insurance will pay out a predetermined amount in the event rainfall over a specific period falls below pre-set levels, based on rainfall data observed by satellites.
With droughts and other natural disasters occurring in Thailand as a result of climate change in recent years, SOMPO Insurance Thailand helps sugar cane and cassava farmers reduce weather-related risks and stabilize family finances by offering this insurance, thus contributing to the further growth of agriculture, Thailand’s main industry.

  1. A subsidiary of one of Thailand’s largest sugar refining companies involved in the fertilizer business.
  2. A subsidiary specializing in agriculture that manufactures and sells fertilizer and feed based on byproducts generated from the fermentation plant of Ajinomoto Co., (Thailand) Ltd.

Start of Provision of Risk Management Services Using Sompo Online Services (SOS) (June 2021)

In March 2020, Sompo Insurance China Co., Ltd. started holding webinars using Sompo Online Services (SOS) and providing online safety education services, loss prevention surveys, and risk consulting services for customers in mainland China. The services are designed to respond to diversifying customer needs and efforts to prevent the spread of the novel coronavirus (COVID-19).
Although it is difficult to conduct onsite surveys and in-person consultations at present, Sompo Insurance China will support customers’ safety countermeasures and risk management with timely information and advice.
The SOS seminars, which have been conducted every week for the past year, have been held more than 64 times and are attended by more than 6,000 people from not only mainland China but also Japan and Southeast Asia. (as of June 2021)
We will continue to deliver the latest information quickly based on the latest topics.

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.

Joint Venture Approval in Myanmar (November 2019)

Sompo Japan Insurance Inc. obtained an approval from the authority for the establishment of a joint venture with AYA Myanmar General Insurance (hereinafter “AMGI”) on November 28, 2019. In accordance with the approval, AMGI changed the company name to AYA SOMPO Insurance Company Limited (hereinafter “AYA SOMPO”).
Sompo Japan Insurance Inc. began providing insurance services in Myanmar’s Thilawa Special Economic Zone in 2015, and since then has been carrying out activities to contribute to the country’s development, in such way as the launch of a pilot project for “Weather Index Insurance” for farmers in December 2018. Furthermore, we have built a close relationship with AMGI, the partner for establishment of the joint venture, through deepening the interaction, holding training and providing technical advice since 2016.
Based on the progress of liberalization by the local authorities, we will integrate the direct insurance service in the Thilawa Special Economic Zone, and the direct insurance service through the national insurance company outside the Special Economic Zone into the direct insurance service, provided by AYA SOMPO to further improve customer convenience and services. By investing not only capital but also our group’s advanced technologies and human resources in AYA SOMPO, we will strive to achieve sustainable growth in AYA SOMPO's business performance and improve its governance. In addition, we will contribute to the penetration of "insurance" and the development of the market in Myanmar.

For more details, please check the press release dated November 28, 2019(PDF/310KB)

Joint initiatives with Africa’s largest financial services group

Striving to enhance its sales network on the continent of Africa, the Group concluded 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, including in Japan in September 2018, in South Africa in February and Kenya in July of 2019, and in Morocco in February 2020, in which many Japanese-owned companies participated. With the impact of the COVID-19 pandemic, a similar business seminar was held online in April of 2021.
We also set up a joint booth with the Group at the 7th Tokyo International Conference on African Development (TICAD7)*2 held in August 2019, and welcomed many visitors from both in and outside Japan.
Working with the Sanlam Group, which aims to provide high-quality financial services to multinational corporations across Africa, we will continue to enhance our presence throughout the region.

  1. Sanlam Group is the largest non-bank financial services group in Africa, with a wide network spread across the continent. Through its five companies (Sanlam Personal Finance, Sanlam Pan Africa, Sanlam Investments, Sanlam Corporation and Santam), it is developing 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-led Tokyo International Conference on African Development (TICAD) has been held jointly with the United Nations, the United Nations Development Programme (UNDP), the World Bank and the African Union Commission (AUC). TICAD7 was held at Pacifico Yokohama in Yokohama August 28-30, 2019. The next conference, TICAD8, is scheduled to be held in Tunisia in 2022, and we are currently preparing to take advantage of this opportunity to increase the presence of the Sompo Group.