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29 May 2024Insurance

Sompo builds 3Y plan with eye to shift into softening markets

Global re/insurance group Sompo built its latest three-year plan with an eye to the eventual market turning, even allowing some slippage on margin targets in its international unit, in part on the inevitable shift to softening markets. 

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29 May 2024   Sompo’s go-global guru James Shea ramps up where Sompo serves only home market clients.
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28 May 2024   New initiatives, new talent and maybe M&A can add $1bn to overseas top-line growth to 2026.
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14 February 2024   The insurer has secured a licence to write primary insurance in France.