Endurance helps Sompo increase Q1 profits by 39.8%

Japanese (re)insurance giant Sompo Holdings saw its adjusted profit
increase by almost 40 percent in its first full reporting quarter
since acquiring Bermudian carrier Endurance.
The overseas insurance division contributed 11.3bn yen ($100mn)
to the total 52.7bn yen of profit generated by Sompo Holdings in
the first quarter of its financial year. That marked an almost
tripling of profits from its overseas division.
Net written premiums in the overseas division more than doubled
to 204.4bn yen at