Sompo reports 56.3% in H1 net income
(BestWire) - Japanese insurer Sompo Japan Insurance Inc. reported a 56.3% drop in net income to 22.74bn yen (€186.7m) for the six months ended September 30.
Ordinary profit fell 54.2% to 37.1bn yen. Net nonlife premiums fell 1.9% to 689bn yen. The largest drop in net premiums, of 13.6% to 100.8bn yen, occurred within compulsory automobile insurance.
As a
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