Company Information

Get to know Sompo Japan Nipponkoa Insurance

Sompo Japan Insurance Inc. is the core domestic property and casualty (P&C) insurance company of the Sompo Holdings Group. It was formed through the merger of Sompo Japan Insurance and Nipponkoa Insurance in September 2014, initially named "Sompo Japan Nipponkoa Insurance Inc." before being rebranded to its current name in April 2020. The company's mission is to contribute to the security, health, and wellbeing of its customers and society by providing top-quality insurance services. It offers a wide variety of products, including automobile, fire, personal accident, and marine insurance, primarily serving the Japanese market.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Sompo Japan Nipponkoa Insurance

Japan

Founded in

1888 (138 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/10

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.