Sompo Japan Insurance

Nihongo|Sompo Japan Insurance Inc.|株式会社損害保険ジャパン|Kabushiki-gaisha Songai Hoken Japan (tyo|8755), or Sompo Japan (損保ジャパン), is a Japanese insurance company.

History

Tokyo Fire Insurance Company, Ltd. was established in 1887 as Japan's first fire insurance company. The company worked to cultivate an awareness of fire insurance, and five branch offices were added within a year. The major Yokosuka fire of 1890, however, nearly toppled the fledgling company.cite web | title=The Yasuda Fire and Marine Insurance Company, Limited|url=http://www.fundinguniverse.com/company-histories/THE-YASUDA-FIRE-AND-MARINE-INSURANCE-COMPANY-LIMITED-Company-History.html| accessdate=2008-04-20]

In 1893, Japanese entrepreneur Zenjiro Yasuda absorbed the Tokyo Fire Insurance Company into the Yasuda zaibatsu. Later, in 1944, Tokyo Fire Insurance, Imperial Marine Insurance, and First Engine and Boiler Insurance merged to become the Yasuda Fire and Marine Insurance Company.

The Yasuda Fire and Marine Insurance Co., Ltd. made a successful bid for Van Gogh's "Sunflower" paintings for about 5.3 billion yen in 1987.

On July 1, 2002, Yasuda Fire & Marine Insurance Company (安田火災海上保険) and Nissan Fire & Marine Insurance Co., Ltd. (日産火災海上保険) merged into a new company, Sompo Japan Insurance Inc.

Other units

Mexico

*Sompo Japan Insurance de Mexico, S.A. de C.V. Insurgentes Sur 1196, Col. Tlacoquemecatl del Valle Mexico City

References

External links

* [http://www.sompo-japan.com/english/ Sompo Japan]
* [http://www.sompojapan.com.mx Sompo Japan Insurance de Mexico]
* [http://www.sompo-japan.co.jp/museum/english/ Sompo Japan Museum of art]
* [http://www.origin-hoken.com/ One of the agent] they are awarded prize annually for superior sales performance.