Tokyo, Japan, September 05, 2014 --(PR.com
)-- Sompo Japan Nipponkoa Insurance Inc., the largest single P&C insurance company in Japan, was established today. In conjunction with this establishment, the NKSJ Group has been rebranded as the Sompo Japan Nipponkoa Group.
1. Establishment of Sompo Japan Nipponkoa Insurance Inc.
On September 1, 2014 Sompo Japan Insurance Inc. and NIPPONKOA Insurance Company, Limited merged into Sompo Japan Nipponkoa Insurance Inc., which has the largest market share in term of premiums written as a single P&C insurance company in Japan.
2. Changes of names of group companies
On September 1, 2014 NKSJ Holdings, Inc. changed its name to Sompo Japan Nipponkoa Holdings, Inc. and NKSJ Himawari Life Insurance, Inc. changed its name to Sompo Japan Nipponkoa Himawari Life Insurance, Inc.
The Sompo Japan Nipponkoa Group will strive to contribute to the security, health, and wellbeing of their customers and society as a whole by providing insurance and related services of the highest quality possible. The Group’s goal is to always be the best customer service provider both at home and abroad.
About Sompo Japan Nipponkoa
Sompo Japan Nipponkoa Insurance Inc. is the Japan’s largest single Property & Casualty insurance company in Japan and its holding company, Sompo Japan Nipponkoa Holdings, Inc., is a comprehensive service provider group for the risk and asset management.
Based on the CSR initiatives conducted by Sompo Japan Nipponkoa, the Sompo Japan Nipponkoa Group is integrating sustainability into its core business and comprehensively focusing on the CSR material issues including climate change and sustainable financial services to contribute to the realization of a resilient and sustainable society. The Group is regularly recognized for its efforts and listed on “Bronze Class 2014” of the RobecoSAM Sustainability Award, “Prime Status” by Oekom Research in 2014, and “World’s Most Ethical Companies” in 2014 by Ethisphere Institute for the 4th consecutive year, etc.
Corporate Social Responsibility Department
Sompo Japan Nipponkoa Insurance Inc.