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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 ink deal to integrate under NKSJ Holdings

TOKYO, Japan - Sompo Japan Insurance Inc. President Masatoshi Sato (L) and Nipponkoa Insurance Co. President Makoto Hyodo attend a news conference in Tokyo on July 29. The two companies signed an agreement the same day to integrate their managements on April 1 next year under a joint holding company, to be called NKSJ Holdings Inc., to provide ''services of the highest quality'' and increase competitiveness. Sato will assume the presidency of NKSJ Holdings and Hyodo the chairmanship.

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Nonlife insurers punish execs over failures to pay benefits

TOKYO, Japan - Nipponkoa Insurance Co. Chairman Ken Matsuzawa (C), President Makoto Hyodo (2nd R), and other Nipponkoa executives bow in apology at a news conference in Tokyo on April 13 where the insurer said it will punish senior executives over failure to pay due insurance benefits. Matsuzawa will take a 50 percent executive pay cut over six months and Hyodo 30 percent, starting in May.

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Meiji, Yasuda to form nonlife alliance with Nipponkoa

TOKYO, Japan - Mikihiko Miyamoto (L), president of Yasuda Mutual Life Insurance Co., and Ryotaro Kaneko, president of Meiji Life Insurance Co., shake hands after signing a memorandum to merge to create Meiji Yasuda Life Insurance Co. The merged company will tie up with Nipponkoa Insurance Co. in the nonlife insurance business.

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Taiyo Mutual, Nipponkoa in nonlife insurance tie-up

TOKYO, Japan - Ken Matsuzawa (L), president of Nipponkoa Insurance Co., Masahiro Yoshiike (C), president of Taiyo Mutual Life Insurance Co., and Tsunaie Kanie, president of Taiyo Fire & Marine Insurance Co., speak about their alliance at a news conference in Tokyo on Aug. 23. Nipponkoa Insurance Co. and Taiyo Mutual Life Insurance Co. have agreed to tie up in the nonlife insurance business. They have also agreed to merge Taiyo Mutual's nonlife insurance unit, Taiyo Fire & Marine Insurance Co., with Nipponkoa.

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Logo mark of Sompo Japan Nipponkoa Insurance Services

Keywords : Sompo Japan Nipponkoa Insurance Services, Sompo Japan Nipponkoa, Sompo Japan, non-life insurance company, insurance agency, company, signboard, logo, logo mark = October 4, 2019 Kawaramachi, Chuo-ku, Osaka City, Osaka Prefecture, Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Nonlife insurers punish execs over failures to pay benefits

TOKYO, Japan - Nipponkoa Insurance Co. Chairman Ken Matsuzawa (C), President Makoto Hyodo (2nd R), and other Nipponkoa executives bow in apology at a news conference in Tokyo on April 13 where the insurer said it will punish senior executives over failure to pay due insurance benefits. Matsuzawa will take a 50 percent executive pay cut over six months and Hyodo 30 percent, starting in May. (Kyodo)

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Meiji, Yasuda to form nonlife alliance with Nipponkoa

TOKYO, Japan - Mikihiko Miyamoto (L), president of Yasuda Mutual Life Insurance Co., and Ryotaro Kaneko, president of Meiji Life Insurance Co., shake hands after signing a memorandum to merge to create Meiji Yasuda Life Insurance Co. The merged company will tie up with Nipponkoa Insurance Co. in the nonlife insurance business. (Kyodo)

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Smoke-free Japanese workplaces on rise

Photo taken February 2018 shows a former smoking area turned into a rest zone at the headquarters of Sompo Japan Nipponkoa Himawari Life Insurance Inc. in Tokyo. (Kyodo) ==Kyodo

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Japanese firms stepping up measures to keep employees healthy

Employees of Sompo Japan Nipponkoa Himawari Life Insurance Inc. take part in a walking program in the city of Kaminoyama in Yamagata Prefecture in July 2017. (Kyodo) ==Kyodo

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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)

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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. (Kyodo)

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Taiyo Mutual, Nipponkoa in nonlife insurance tie-up

TOKYO, Japan - Ken Matsuzawa (L), president of Nipponkoa Insurance Co., Masahiro Yoshiike (C), president of Taiyo Mutual Life Insurance Co., and Tsunaie Kanie, president of Taiyo Fire & Marine Insurance Co., speak about their alliance at a news conference in Tokyo on Aug. 23. Nipponkoa Insurance Co. and Taiyo Mutual Life Insurance Co. have agreed to tie up in the nonlife insurance business. They have also agreed to merge Taiyo Mutual's nonlife insurance unit, Taiyo Fire & Marine Insurance Co., with Nipponkoa.