Sompo Canopius net income flat as premiums fall

Nine-month net income from Sompo Canopius was flat year-on-year
at 4.2bn yen ($36.9mn), according to filings from parent company
Sompo Japan Nipponkoa.
Net written premiums (NWP) at the Lloyd's business fell by
11 percent to 95.1bn yen for the same period.
Sompo said both the underwriting and investment profits at Sompo
Canopius were in line with its plan.
For the full-year 2016, which ends on 30 March 2017, Sompo
forecasted NWP of 118.3bn yen and net income of 5.4bn yen...