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Sompo Japan Insurance De Mexico S.A. de C.V. (Mexico)

Main Activities: Direct Life, Health, and Medical Insurance Carriers
Full name: Sompo Japan Insurance De Mexico S.A. de C.V. Profile Updated: November 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Sompo Japan Insurance De Mexico S.A. de C.V. is a company located in Mexico City. It was incorporated in 1988 under the name Yasuda Fire & Marine to serve Japanese clients. In 1998, it began operating as Yasuda Kasai Mexico, offering direct insurance services. In 2016-2017, Sompo International Holdings Ltd. was established as a global provider of property and casualty insurance and reinsurance, following the acquisition of Endurance Specialty Holdings Ltd. by Sompo Holdings Inc. In November 2018, Sompo Seguros Mexico joined Sompo Global Risk Solutions. In 2019, Sompo Seguros Mexico expanded its operations by launching the Vertical Industries segment, which includes real estate, hospitality and culture, financial institutions, service providers, laboratories, and medical equipment. In October 2020, Sompo Seguros Mexico launched the Technology Vertical segment, offering insurance solutions for IT integrators, software developers, hardware and storage technology, telecommunications, and electronic product manufacturing. The company's subsidiaries have strong financial stability, as evidenced by their high-quality assets and excellent liquidity. They hold strong financial ratings from A.M. Best and Standard & Poor's. Sompo International is committed to providing tailored risk management solutions to its clients, with teams composed of experienced underwriters, actuaries, and claims professionals. The company operates with a focus on ethics, integrity, responsibility, collaboration, and agility. It values diversity and seeks talented professionals who share its commitment to creativity, execution, and operational excellence.

Headquarters
Av. Insurgentes Sur No. 1431, Piso 14, Oficina 1, Col. Insurgentes Mixcoac
Mexico City; Federal District of Mexico City; Postal Code: 03920

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Website: http://www.sompo.mx

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 13, 1998
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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President
Ownership Details
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Company Performance
Financial values in the chart are available after Sompo Japan Insurance De Mexico S.A. de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net insurance premium revenue
N/A
Operating profit (EBIT)
127.09%
Net Profit (Loss) for the Period
-50.16%
Total assets
8.67%
Investments
2.81%
Receivables
25.06%
Total equity
2.44%
Net Premiums Earned Trend
N/A
Net Profit Trend
-4.51%
Return on Equity (ROE)
-2.51%
Underwriting Expenses Ratio
515.09%

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