Bermuda-based Sompo International, the international operating arm of Tokyo-based Sompo Holdings, disclosed total insurance revenue of $12.05 billion in the first nine months of fiscal 2025, an increase of $835 million from the same period in 2024.
By segment, insurance revenue was led by commercial insurance ($8.524 billion), followed by global reinsurance ($2.491 billion) and consumer insurance ($1.034 billion).
All three segments showed growth compared to the first nine months of 2024.
Meanwhile, Sompo International’s combined ratio improved to 94.2% for the first nine months of 2025, compared with 99% for the same period in 2024.
Likewise, all divisions delivered better results, with Global Reinsurance standing out.
The combined ratio of this department was 66.2%, a significant increase of 16.3 percentage points year-on-year.
The company said results were mainly driven by strong results in its real estate and disaster businesses.
Sompo International reported reinsurance results of $988 million for the first nine months of 2025, an increase of $213 million compared with the same period in 2024, while reinsurance recoveries increased to $2.74 billion.
Meanwhile, the company’s investment income rose to $1.195 billion from $1.06 billion in the first nine months of 2024.
As a result, Sompo International’s net profit increased to US$1.644 billion, a year-on-year increase of US$771 million, and adjusted profit also climbed to US$1.201 billion.
