Sompo Japan
Logo used since 2020 | |
The Sompo Japan Building, in Shinjuku, Tokyo | |
Native name | 損害保険ジャパン株式会社 |
|---|---|
Romanized name | Songai Hoken Japan Kabushiki-gaisha |
| Formerly | Tokyo Fire Insurance (1887-1944) The Yasuda Fire & Marine Insurance Co., Ltd. (1944-2002) Sompo Japan Insurance Inc. (2002-2015) Sompo Japan Nipponkoa Insurance Inc. (2015-2020) |
| Company type | Subsidiary |
| TYO: 8755 | |
| Industry | Insurance |
| Founded | 1887 (as Tokyo Fire Insurance) |
| Headquarters | Nishi-Shinjuku, , Japan |
Area served | Worldwide |
Key people | Koji Ishikawa (President & CEO) |
| Revenue | JPY ¥ 4,167.4 billion (FY 2022) |
| JPY ¥ 224.8 billion (FY 2022) | |
| Owner | SOMPO Holdings |
Number of employees | 47,776 (March, 2022) |
| Website | www |
Sompo Japan, Inc. (損害保険ジャパン株式会社, Songai Hoken Japan Kabushiki-gaisha; lit. "General Insurance Japan"), formerly known as Sompo Japan Nipponkoa Insurance, Inc. (損害保険ジャパン日本興亜株式会社, Songai Hoken Japan Nihonkoa), is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine, with market share of 19.3% in 2007. As of 2010, the company is a wholly-owned subsidiary of SOMPO Holdings.
The “Sompo” in the company's name means “general insurance" (損害保険, songai hoken) in Japanese, though Sompo Japan offers a range of financial services including life insurance, securities, asset management and venture capital businesses.