Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan. Giichi Shirakawa, President of Sompo Japan Insurance Inc. =Date:January 26, 2024, Place: Tokyo

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan. Scott Trevor Davis External Director, SOMPO Holdings, Inc. =Date:January 26, 2024, Place: Tokyo

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan. Giichi Shirakawa, President of Sompo Japan Insurance Inc. =Date:January 26, 2024, Place: Tokyo

Sompo CEO to step down over Bigmotor insurance fraud scandal

TOKYO, Japan, Jan. 26 Kyodo - Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada holds a press conference in Tokyo on Jan. 26, 2024, to announce he will step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal. (Kyodo)

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.=Date:January 26, 2024, Place: Tokyo

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.=Date:January 26, 2024, Place: Tokyo

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.=Date:January 26, 2024, Place: Tokyo

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.

Exterior, logo and signage of SOMPO Holdings Sompo Japan, Inc.=Date:January 26, 2024, Place: Tokyo

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan

Press Conference by SOMPO Holdings and Sompo Japan. From right to left: Kengo Sakurada, SOMPO Holdings Group CEO and Chairman of the Board, and Giichi Shirakawa, President of Sompo Japan Insurance Inc. =Date:January 26, 2024, Place: Tokyo

Sompo CEO to step down over Bigmotor insurance fraud scandal

Sompo CEO to step down over Bigmotor insurance fraud scandal

Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada holds a press conference in Tokyo on Jan. 26, 2024, to announce he will step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal.

Sompo CEO to step down over Bigmotor insurance fraud scandal

Sompo CEO to step down over Bigmotor insurance fraud scandal

Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada holds a press conference in Tokyo on Jan. 26, 2024, to announce he will step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal.

Sompo CEO to step down over Bigmotor insurance fraud scandal

Sompo CEO to step down over Bigmotor insurance fraud scandal

Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada holds a press conference in Tokyo on Jan. 26, 2024, to announce he will step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal.

Sompo CEO to step down over Bigmotor insurance fraud scandal

Sompo CEO to step down over Bigmotor insurance fraud scandal

Major Japanese insurance firm Sompo Holdings Inc. CEO Kengo Sakurada (R) bows at a press conference in Tokyo on Jan. 26, 2024, and announces he intends to step down at the end of March to take responsibility for the company's involvement in used car dealer Bigmotor Co.'s insurance fraud scandal.

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case

Sompo Japan Insurance Press Conference on Big Motor Fraud Case. Pictured from right: Kengo Sakurada, Sompo Holdings Group CEO, Chairman and Representative Executive Officer, and Giichi Shirakawa, President and Representative Director of Sompo Insurance Japan.=Date:September 8, 2023,Place:Tokyo

Sompo Japan, Nipponkoa presidents

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.

NKSJ group officials

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.

Sompo Japan, Nipponkoa ink deal to integrate under NKSJ Holdings

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.

Joint Conference by SOMPO Holdings and Palantir Technologies

Joint Conference by SOMPO Holdings and Palantir Technologies

Palantir Technologies (California) , a U.S. provider of big data analysis, announced on the 18th that it has established a joint venture with SOMPO Holdings (HD) (photo). On December 1, Palantir will provide a service to analyze all kinds of data within Japanese companies and public institutions, including Excel, e-mail, and call records. The data will be used to predict the possibility of free recalls of automobile parts and to detect money laundering. The new company, Palantir Technologies Japan (Chuo Ward, Tokyo), is 50% owned by Palantir and 50% by SOMPOHD. It will be capitalized at 100 million dollars (about 10.8 billion yen), and aims to achieve sales of 100 billion yen in the medium to long term. President Kengo Sakurada expressed his hope that the company will pursue its dream of becoming a real data platformer. Photo taken on November 18, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images

Sompo Japan, Nipponkoa presidents

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)

NKSJ group officials

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)

Sompo Japan to buy U.S. business insurance provider for $6.3 bil.

Sompo Japan to buy U.S. business insurance provider for $6.3 bil.

Kengo Sakurada (L), chief executive of Japan's Sompo Holdings Inc., and John Charman, chairman of U.S. business insurance provider Endurance Specialty Holdings Ltd., shake hands in Tokyo on Oct. 5, 2016. Sompo Holdings said it has agreed to buy Endurance for about $6.3 billion (63.75 billion yen). (Kyodo) ==Kyodo