Article ID: 64e3e5419f5db25f760b11e5a2ab7a607a589ce390ae504dc177c64118bfb4d0
Source ID: primary:reinsurancene.ws
Published At: -
Extraction Method: trafilatura
URL: https://www.reinsurancene.ws/sompo-intl-sees-9m25-revenue-surge-as-reinsurance-cor-falls-to-66-2/
Body Text
Bermuda-based Sompo International, the international operating arm of the Tokyo-based Sompo Holdings, has disclosed total insurance revenue for the first nine months of the 2025 fiscal year of $12.05 billion, up $835 million from the same period of 2024. By segment, insurance revenue was led by Commercial Insurance at $8.524 billion, followed by Global Reinsurance with $2.491 billion and Consumer Insurance with $1.034 billion. All three segments posted increases compared with the first nine months of 2024. Meanwhile, Sompo International’s combined ratio for the first nine months of 2025 improved to 94.2%, compared with 99% in the same period of 2024. Again, all segments delivered better results, with Global Reinsurance standing out in particular. The division posted a combined ratio of 66.2%, a significant improvement of 16.3 percentage points year on year. The firm said the performance was primarily driven by strong results in Property & Catastrophe. Sompo International reported a reinsurance result of –$988 million for the first nine months of 2025, an improvement of $213 million compared with the same period in 2024, while recoveries from reinsurance rose to $2.74 billion. Meanwhile, the firm saw investment income increase to $1.195 billion, up from $1.06 billion in the first nine months of 2024. As a result, Sompo International’s net income grew to $1.644 billion, an increase of $771 million year-on-year, while adjusted profit also climbed to $1.201 billion.
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