Sompo Expands Capabilities in Australia with New Team and Enhanced Strategic Focus

SYDNEY, Australia, April 14, 2026 (GLOBE NEWSWIRE) -- Sompo, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the expansion of its operations in Australia as it strengthens its presence and long-term commitment to the market. As part of this strategic growth, Sompo has recruited a highly experienced team of local underwriters who bring established expertise across Property, Casualty, Financial Lines, Energy and Construction. The specialist team of nine, which is known for its solutions-based, client-centric approach, will be based in offices located in Sydney and Melbourne*. Their extensive market knowledge will enhance Sompo's capabilities, support strong governance and position the business to deliver solutions to clients and brokers throughout the region. It also further aligns with Sompo's goal to become one of Australia's leading insurance providers. Kenneth Reilly, Chief Executive Officer, Insurance, Asia Pacific (APAC) said: "Sompo has been operating in Australia for more than 60 years and today's expansion represents another important step ...Full story available on Benzinga.com