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.
