Premium Company Profile - Sompo Japan Insurance Inc
http://www.companiesandmarkets.com/Summary-Company-Profile/premium-company-profile-sompo-japan-insurance-inc-34034.asp
- Market - Finance and Banking
- Published Date - 22/04/2008
- Report Type - Company Profile
- Country - Global
- Number of Pages - 27
Report Summary
Introduction
Sompo Japan Insurance (Sompo Japan or ‘the company’) is one of the leading non-life insurers in Japan with revenues of JPY1,886.4 billion (approximately $16,147 million). This profile offers a comprehensive review of Sompo Japan’s operations and performance.Scope
Contains corporate strategy, value chain presence and SWOT Analysis Provides detailed business description, segment analysis, 5-year financial trends, key products and key competitors Includes information on suppliers/ partners, shareholding structure and key employees with biographies Highlights
Sompo Japan provides insurance products in the fields of non-life and life insurance. The company also operates a healthcares business and offers asset management and reinsurance services as well. Sompo Japan is one of the leading non-life insurers in Japan.The company revised its Medium-Term Business Plan launched in the fiscal year 2006 to Sompo Japan Regeneration Plan. Under the Regeneration Plan, Sompo Japan would commit to the growth in net premiums written as an indicator of expansion of scale, and a new consolidated adjusted return on equity (ROE) as an indicator of improved profitability.Sompo Japan is expanding its non-life insurance business outside Japan. Sompo Japan obtained official permission from Insurance Regulatory and Development Authority in November 2007 to operate business in India through Universal Sompo General Insurance Company (USGI), a general insurance venture established in January 2007.Reasons to Purchase
Access all the important information and analysis on the company in a single report Understand company’s strengths, weaknesses, opportunities and threats along with business strategy and value chain Gain access to company’s adjusted five year financial data along with key ratios and market capitalization
Table of Contents
Overview 1
Catalyst 1
Summary 1
Table of Contents 2
tables 3
Company Structure 4
Company Overview and Key Facts 4
Business Description 4
History 5
Company Locations and Subsidiaries 6
Head Office 6
Other Locations and Subsidiaries 6
Company Financials 8
Overview 8
Revenue by Division 8
Products and Services List 9
Major Products and Services 9
Competitors and Strategic Business Relationships 10
Top Competitors 10
Shareholding Structure 10
Strategy 11
Vision 11
Company View 11
Strategy 13
Overview 13
Sompo Japan Regeneration Plan 13
Distribution 13
Investment 13
Life insurance operations 14
Domestic non-life insurance business 14
Other businesses 14
Overseas business 14
Corporate Social Responsibility 15
Overview 15
Specific CSR initiatives 15
Business continuity management 15
Socially-responsible investment (SRI) 15
The Sompo Japan Foundation 16
Environment 16
Employee volunteerism 16
SWOT Analysis 17
Overview 17
Strengths 17
Strong non-life operations 17
Successful inorganic growth 18
Regeneration plan 18
Weaknesses 18
Corporate governance issues 18
Declining underwriting performance 19
Opportunities 19
Non life operations in India 19
Expansion into the Chinese market 20
Deregulation of OTC sales 20
Threats 21
Shrinking Japanese insurance market 21
Japan's slowing population growth 21
Natural disasters 21
Key Employees 22
List of Key Employees 22
Financial and Operational Overview 23
Financial Overview 23
APPENDIX 26
Ask the analyst 26
Datamonitor consulting 26
Disclaimer 26
List of Tables
Table 1: Sompo Japan Insurance - Key Facts 4
Table 2: Sompo Japan Insurance - Other Locations and Subsidiaries 6
Table 3: Sompo Japan Insurance - Revenue by Division 8
Table 4: Sompo Japan Insurance - Products and Services 9
Table 5: Sompo Japan Insurance - Top Competitors 10
Table 6: Sompo Japan Insurance - Key Shareholders 10
Table 7: Sompo Japan Insurance - SWOT Analysis Summary 17
Table 8: Sompo Japan Insurance - Key Employees 22
Table 9: Sompo Japan Insurance - Financial Statements Summary 23
Table 10: Sompo Japan Insurance - Other Key Statistics and Ratios 23
Table 11: Sompo Japan Insurance - Overview of Operating Segments 25