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"General Insurance Japan"), formerly known as Sompo Japan Nipponkoa Insurance, Inc. (損害保険ジャパン日本興亜株式会社, Songai Hoken Japan Nihonkoa), is a Japanese insurance company. It is the second-largest property insurance company in Japan only behind Tokio Marine , with market share of 19.3% in 2007. [ 3 ]
SOMPO Holdings, Inc. (SOMPOホールディングス株式会社, SOMPO Hōrudingusu Kabushiki-kaisha) is a Japanese insurance holdings company formed on April 1, 2010 from the merger of Sompo Japan with Nipponkoa Insurance. The firm is considered one of three top insurers in Japan. [1]
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included).
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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
Tokio Marine Holdings, Inc. [2], is a multinational insurance holding company headquartered in Tokyo, Japan. It is the largest property / casualty insurance group in Japan in terms of revenue and is the parent company for the Tokio Marine Group which employs 39,000 [ 3 ] people in 38 countries worldwide.
Rank Company Country Total assets (US$ Billion) 1 Allianz Germany 1,247.2 2 Berkshire Hathaway United States 958.8 3 Prudential Financial United States 937.6 4 Ping An Insurance
In 2010, April Aioi Insurance Co., Ltd., Nissay Dowa General Insurance Co., Ltd., merged into MSIG, making the group's name changed in to MS&AD Insurance Group Holdings, Inc.. According to this business integration, MS&AD has become the largest property insurance company in Japan, with market share of 33% in 2013. [2]