Sompo

Innovation for Wellbeing

OUR COMPANY

A Leading Global & Casualty Public Insurance Company

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BRINGING HAPPINESS

Sompo Group's brand slogan “Innovation for Wellbeing” visualizes a theme park for the security, health and wellbeing of customers, bringing happiness into their lives. Even in providing nursing care and home remodelling services, the Group has positioned insurance at the heart of its business model.

OUR PROMISE

Through exploring new business opportunities, enhancing the quality of existing businesses, and expanding service domains, along with fostering multiple partnerships, the Group will transform into one attractive multi-solution package. In parallel, the Group will harness digital technologies to upgrade and expand its customer-centric communications.

OUR HISTORY

  • 1888
    OUR INCEPTION
    Established in 1888 as Japan’s first fire insurance provider.
  • 1942
    SINGAPORE AND MYANMAR
    First established our presence in South East Asia.
  • 1957
    Sompo Insurance (Hong Kong)
    Our Japan head office first established its branch office in Hong Kong.
  • 1957
    TENET
    Founded as People’s Insurance Co of Malaya.
  • 1962
    OCEANIA
    First established presence in Australia.
  • 1972
    INDONESIA AND MALAYSIA
    First established presence.
  • 1977
    Sompo Insurance (Hong Kong)
    Hong Kong branch office established as a subsidiary.
  • 1979
    PHILIPPINES
    First established presence.
  • 1980
    THAILAND
    First established presence.
  • 1989
    SOMPO JAPAN INSURANCE
    Subsidiary established in Singapore.
  • 1991
    PGA YASUDA INSURANCE
    Formed joint venture in the Philippines with PGA.
  • 1993
    VIETNAM
    First established presence.
  • 1996
    INDIA
    First established presence.
  • 1997
    UNITED INSURANCE COMPANY (UIC)
    Established as a joint venture in Vietnam.
  • 2005
    SOMPO INSURANCE CHINA CO., LTD.
    Established in China (headquartered in Dalian).
  • 2006
    BERJAYA SOMPO INSURANCE BERHAD
    Established by purchasing 30% equity stake from Berjaya Capital Berhad.
  • 2007
    UNIVERSAL SOMPO GENERAL INSURANCE CO. LTD.
    Established as a joint venture in India.
  • 2008
    SOMPO HOLDINGS ASIA
    Established and headquartered in Singapore.
  • 2009
    SOMPO JAPAN INSURANCE (TAIWAN) BROKERS CO., LTD.
    Upgraded liaison office established in 1984 to brokering firm in Taiwan (the first Japanese broking firm and Sompo Japan wholly owned subsidiary).
  • 2009
    SOMPO CONSULTING KOREA INC.
    Established in South Korea.
  • 2009
    NIPPONKOA INSURANCE CO., (CHINA) LTD.
    Established in China (headquartered in Shenzhen).
  • 2010
    TENET SOMPO
    Acquired from Tenet Insurance Company Limited, a P&C insurer in Singapore.
  • 2011
    BERJAYA SOMPO INSURANCE BERHAD
    70% owned after acquiring additional shares of Berjaya Sompo Insurance Berhad.
  • 2012
    CAMBODIA
    Established representative office.
  • 2013
    PT. ASURANSI SOMPO INDONESIA
    Established in Indonesia as a new company, following the merger of Sompo Japan Insurance Inc. and Nipponkoa Insurance Company Limited.
  • 2014
    PGA SOMPO INSURANCE
    Name change in the Philippines.
  • 2015
    SOMPO TAIWAN BROKERS CO., LTD.
    Name change to be aligned with SOMPO group’s global brand.
  • 2016
    SOMPO INSURANCE (HONG KONG) CO., LTD.
    Name change to be aligned with SOMPO group’s global brand.
  • 2016
    NON-LIFE BANCASSURANCE PARTNERSHIP WITH CIMB GROUP
    CIMB distributes Sompo’s non-life insurance solutions to its network in Singapore, Malaysia, Indonesia and Thailand.
  • 2016
    SOMPO SINGAPORE AND SOMPO THAILAND
    Respective entities in Singapore and Thailand are renamed.
  • 2018
    SOMPO-CIMB PARTNERSHIP LAUNCHES IN MALAYSIA
    Following similar successes in Singapore and Indonesia.
  • 2018
    SOMPO HOLDINGS ASIA 10TH Anniversary
    Marks its 10th year of operations in Singapore.
  • 2019
    AYA SOMPO
    Established as a joint venture in Myanmar.