Sompo bumps profit target after H1 improvement

November 22 2021 by Andrew Tjaardstra

Sompo Holdings’ net profit increased by 230% to ¥130.7 billion (US$1.14 billion) in the first half of the financial year (H1 2021) compared with ¥39.6 billion in H1 2020, according to a November 19 co...

Get full access

To view the full article and get unlimited access to InsuranceAsia News's exclusive insight across 5,000+ articles

Subscribe Now

Take a Free Trial

Already a Subscriber? Please Login

MORE FROM: Results

Japan and India drive up Munich Re’s 1.4 renewals
- August 9
P&C reinsurance GWP increased 18.6% to US$16.4bn in the first half.
Suncorp’s profits fall 34% on nat cats amid US$1.7bn of reinsurance recoveries
- August 8
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
Allianz sees H1 P&C revenue decline in China but rise in Australia
- August 8
Westpac GI integration in Australia helped GWP but it was hampered by Chinese economic conditions.
Australian floods dampen reinsurers’ H1 results as secondary perils drive losses
- August 8
Munich Re, Swiss Re, Hannover Re and PartnerRe were among firms hit by the wild weather.

Partner Content

Sedgwick: The impact of the pandemic on handling of MCL insurance claims

A longer claims process and increased cost were some of the challenges faced by insurers.
Guy Carpenter: 2022 Western North Pacific Basin Tropical Cyclone Predictions

Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.

Join the mailing list Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead.

Partner Video