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8 March 2024News

Sompo Japan appoints CRO

Sompo Holdings, the parent company of Bermuda-based Sompo International, has appointed Koji Takahashi (pictured) to replace Emiko Maki as the chief risk officer and head of reinsurance for Sompo Japan.

The appointment is effective on April 1. Maki is retiring from the company.  

Takahashi will report to Koji Ishikawa, president of the core subsidiary, but wiull also report to Christopher Donelan, chief executive officer of Sompo International unit Sompo Re, the global reinsurance operation of Sompo. 

Takahashi is now the CRO for Sompo, Asia Pacific. 

James Shea, Sompo’s CEO, said: “I am pleased to see us moving closer to acting as a global P&C organization. Having our Ceded Reinsurance team and Takahashi-san working more closely together under the leadership of Chris Donelan will ensure a more efficient go-to-market approach to our placements, continuing unique and distinct local and regional coverages where needed, but global approach when possible.”

Mikio Okumura, designated Sompo Group CEO, added: “By creating a stronger link between our two P&C operations with respect to the purchase of reinsurance, we will ensure a globally consistent and coordinated approach to our broker and reinsurance partners, always working to deliver a frictionless experience.

“I wish Takahashi-san and Chris Donelan every success as they embark on their new and expanded responsibilities and am confident in their ability to excel in their respective roles. I thank Maki-san for her contributions to Sompo Japan over the years and wish her all the best in her future endeavours.”

Ishikawa added: “Aligning our reinsurance purchasing is a logical first step to working more closely with our colleagues in SompoRe. I look forward to Chris Donelan becoming more involved with our reinsurance programmes.”

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