Sompo Holdings, Inc., formerly NKSJ Holdings and Sompo Japan, 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.

The Company Statement
January 23, 2023

Japanese companies Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance initially promised to stop war risk insurance for ships passing through Russian waters from January 1, 2023. But on 30.12.2022 the largest Japanese insurance companies have decided to continue the insurance of military damage vessels in Russian waters at least until March 2023.

December 30, 2022Japanese companies will continue to insure ships in Russian waters against war damage until March
December 24, 2022Japanese insurers to halt ship insurance for all of Russia
November 24, 2022Japanese insurers will stop covering damage to ships in Russian waters
November 16, 2022Ukraine, Russia plane and ship insurance at risk from Jan 1 -sources
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