Sompo International

Trio of Sompo GRS execs resign in wake of Chang departure

Three executives from Sompo International who worked closely with former Global Risk Solutions (GRS) CEO Michael Chang have resigned from the company, The Insurer can reveal.

Sompo Intl sets up Tokyo office led by ex-AIG exec Reilly

Kenneth Reilly has been appointed as executive vice president, general manager, global business department at Sompo Holdings and executive vice president, head of the new Sompo International Tokyo office, effective 1 July.

Sompo Intl confirms insurance realignment with Chang as global distribution chief

Sompo International has formally announced the strategic realignment of its insurance operations first revealed by The Insurer on Monday, with the company saying that the reshuffle would bring a “consistent market approach and improve the ease of doing business” with Sompo globally.

Sompo International realigns GRS as part of insurance strategic reorganisation

Sompo International is realigning its P&C insurance business under the leadership of regional CEOs including Chris Sparro at the head of its newly formed North America region and Julian James as head of EMEA in a move that folds its Global Risk Solutions into the structure, The Insurer can reveal.

Sompo International targets casualty growth with QBE’s Hiller

Sompo International has appointed Jon Hiller as senior vice president and head of international casualty, London market.

Zurich NA hires Sompo International’s Martino for Midwest mid-market build out

Zurich North America (NA) has brought in Trey Martino from Sompo International to lead the growth of its middle market book in the carrier’s Midwest region.

Sompo International names Iacocca US head of FI

Sompo International has promoted Kimberly Iacocca to senior vice president and head of financial institutions (FI) for the US.

Sompo International moves German HQ to Cologne

Sompo International has moved its German operations from Dusseldorf to Cologne.

Sompo Intl 9M surge highlights MS Amlin’s turnaround struggles

The latest figures show the Japanese big three carriers’ international operations are travelling at different speeds.

Sompo International posts 9M CR of 94.7% as GWP increases 33%

Sompo International has booked $10.13bn in gross written premium (GWP) for the nine months ended 31 December 2021 – a 33.2 percent increase on the prior-year period – with the carrier also shaving 4.6 percentage points off its combined ratio.

Westfield Specialty hires Jain as CIO from Chubb’s Westchester

Westfield Specialty has appointed Manoj Jain as chief information officer (CIO), with the executive most recently serving as vice president and head of IT for Chubb’s E&S subsidiary Westchester.

Casualty fac firmly in focus heading into 2022

Upheaval in the treaty reinsurance market has historically led to heightened interest in facultative coverage. As such, the prospects for the fac market heading into 2022 are buoyant, with shifting in price expected in the commercial auto, workers’ compensation and general liability sectors, says Sompo International’s Christos Charitos.

Sompo International confirms Goodloe as head of E&S casualty for US insurance

Former Ategrity CUO for brokerage John Goodloe has been named executive vice president and head of E&S casualty for US insurance at Sompo International in a move first revealed by this publication.

Sompo Intl and Westfield Specialty end hiring dispute

The litigation brought by Sompo International against Westfield Specialty and its parent has been brought to a close, with the parties agreeing to dismiss all claims related to the new specialty insurer’s hire of at least 14 employees from the Sompo subsidiary.

IQUW continues Bermuda build-out with former Sompo Intl exec Lamer

Expansive rebooted (re)insurer IQUW has strengthened its nascent Bermuda platform with the hire of Rene Lamer, another senior appointment on the island who was previously at Sompo International.

Sompo Int’l hires AIG’s Kox as Germany insurance manager

Sompo International Holdings has hired Eric Kox from AIG Europe as country manager, Germany for its insurance operations, as well as strengthening its German professional lines underwriting team with the addition of Marsh’s Susanne Adam.

Sompo International posts H1 CR of 92.8% as GWP increases 35%

Sompo International has booked $7.57bn in premium in the first half of the financial year – a 34.5 percent increase on the prior-year period – with the carrier also shaving 6.6 points off its combined ratio.

Sompo Int’l hires ex-Ategrity exec Goodloe for E&S casualty role

Recently departed Ategrity executive John Goodloe has re-emerged as executive vice president of brokerage casualty E&S lines at Sompo International, The Insurer understands.

Sompo International hires QBE’s Reid in casualty leadership role

Bermuda-based (re)insurer Sompo International has named Mike Reid as executive vice president, head of casualty, international insurance, with the new hire most recently at QBE.

Panel: US property writers will be wary of deploying capacity in 2022

Another heavy cat year, climate change fears and increasing reinsurance costs mean that insurers will continue pushing for rate on US property business and cautiously deploy capacity despite buyer fatigue setting in after five years of increases, according to underwriting executives on an Advisen panel.

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