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Universal Sompo General Insurance Company : ウィキペディア英語版
Universal Sompo General Insurance Company


Universal Sompo General Insurance Company Limited is a Public - Private Partnership in Indian General Insurance Industry. It is a company headquartered in Mumbai, Maharashtra, India and is a joint venture between Allahabad Bank, Karnataka Bank, Indian Overseas Bank, Dabur Investments, and Sompo Japan Insurance.
== Corporate history ==
The joint venture has been capitalized with shareholders funds of over 230 cr. including share premium. The company received the Licence and Certificate of Registration from Insurance Regulatory and Development Authority in November 2007.
Three of the Indian partners are banks with a combined asset base of Rs. 3,14,071 crores and over 4000 branches and distribution centers. Also, it is the fourth largest FMCG company in India with over 1.5 million retail outlets.
Sompo Japan Insurance Inc., headquartered in Tokyo, is a Fortune 500 Company with a capital of 70 billion yen, is present in 27 countries - has over 15,000 employees and 69,028 agents and its total premium income for 2006 - 2007 was in excess of (equivalent to) Rs.50,000 cr., twice that of the Indian General insurance industry.
The company is present across almost all product lines, classified into five major classes: Property, Marine, General Accident, Workmen Compensation and Motor. It is the largest property and casualty insurance company in Japan holding a stake of 26% in Universal Sompo General Insurance Company Limited. The “Sompo” in the company's name means “property insurance” in Japanese, though Sompo Japan Nipponkoa offers financial services including life insurance, securities, asset management and venture capital businesses.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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