SOMPO Holdings Inc operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares SOMPO Holdings Inc with three other
insurance companies in Asia:
Tokio Marine Holdings Incorporated
sales of 5.14 trillion Japanese Yen [US$48.10 billion]
of which 51%
was Domestic Damage Insurance Business),
Samsung Fire & Marine Insurance Co Ltd
of South Korea
(21.85 trillion Korean Won [US$20.47 billion]
DB Insurance Co Ltd
based in South Korea
(16.78 trillion Korean Won [US$15.72 billion]
SOMPO Holdings Inc reported sales of ¥3.38 trillion (US$31.58 billion)
March of 2017.
increase of 4.7%
versus 2016, when the company's sales were ¥3.23 trillion.
Sales at SOMPO Holdings Inc have increased during each of the previous five years
(and since 2012, sales have increased a total of 32%).
Sales of Insurance-Oversea saw an increase
that was more than double the company's growth rate: sales were up
16.2% in 2017, from
¥296.60 billion to ¥344.66 billion.
SOMPO Holdings Inc also saw significant increases in sales in
Life Insurance-Domestic (up 8.0% to ¥317.31 billion)
Eliminations (up 8.9% to ¥418.95 billion)
Not all segments of SOMPO Holdings Inc experienced an increase in sales in 2017:
sales of Others fell 53.9% to ¥9.89 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
SOMPO Holdings Inc also experienced decreases in sales in
Casualty Insurance-Domestic (down 2.1% to ¥2.21 trillion)