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Japan's largest nonlife insurer launched

TOKYO, Japan - Masaya Futamiya, president of Sompo Japan Nipponkoa Insurance Inc., gives an address in Tokyo on Sept. 1, 2014, at a commemoration ceremony for the new company created through a merger of Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. The new entity is Japan's largest nonlife insurer, exceeding Tokio Marine & Nichido Fire Insurance Co.

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Sompo Japan, Nipponkoa presidents

TOKYO, Japan - Kengo Sakurada (L), president of Sompo Japan Insurance Inc., and Masaya Futamiya, president of Nipponkoa Insurance Co., shake hands before being jointly interviewed by Kyodo News in Tokyo on April 10, 2012. The presidents of Sompo Japan and Nipponkoa, which will merge under the umbrella of NKSJ Holdings Inc., said synergy effects from the merger are expected to amount to over 20 billion yen a year on a pretax profit base.

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NKSJ group officials

TOKYO, Japan - NKSJ Holdings Inc. President Masatoshi Sato (C) shakes hands with the presidents of the company's two key nonlife insurance units -- Sompo Japan Insurance Inc. President Kengo Sakurada (R) and Nipponkoa Insurance Co. President Masaya Futamiya -- after a press conference in Tokyo on Jan. 27, 2012.

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Sompo Japan, Nipponkoa presidents

TOKYO, Japan - Kengo Sakurada (L), president of Sompo Japan Insurance Inc., and Masaya Futamiya, president of Nipponkoa Insurance Co., shake hands before being jointly interviewed by Kyodo News in Tokyo on April 10, 2012. The presidents of Sompo Japan and Nipponkoa, which will merge under the umbrella of NKSJ Holdings Inc., said synergy effects from the merger are expected to amount to over 20 billion yen a year on a pretax profit base. (Kyodo)

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Japan's largest nonlife insurer launched

TOKYO, Japan - Masaya Futamiya, president of Sompo Japan Nipponkoa Insurance Inc., gives an address in Tokyo on Sept. 1, 2014, at a commemoration ceremony for the new company created through a merger of Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. The new entity is Japan's largest nonlife insurer, exceeding Tokio Marine & Nichido Fire Insurance Co. (Kyodo)

E

NKSJ group officials

TOKYO, Japan - NKSJ Holdings Inc. President Masatoshi Sato (C) shakes hands with the presidents of the company's two key nonlife insurance units -- Sompo Japan Insurance Inc. President Kengo Sakurada (R) and Nipponkoa Insurance Co. President Masaya Futamiya -- after a press conference in Tokyo on Jan. 27, 2012. (Kyodo)