SOMPO AMERICA INSURANCE COMPANY

Company Details

License Status:
Active
NAIC Number:
11126
Phone Number:
7047592200
Company Address:

4 Manhattanville Road
3rd Floor
Purchase, NY 10577

Description:
Property and Casualty
License Number:
B419964
Date Admitted:

Market Share

Link to Supplemental Data Page
Year Line Market Share Direct Premium Written Direct Premium Earned Direct Losses Paid Direct Losses Incurred Loss Ratio
2023 Total Property & Casualty 0.1% $15,947,482 $14,201,523 $1,678,279 $-84,159 -0.59%
2023 Total Fire & Allied Lines 1.81% $14,088,796 $12,309,493 $727,376 $-643,315 -5.23%
2023 Commercial Fire & Allied Lines 4.38% $14,088,796 $12,309,493 $727,376 $-643,315 -5.23%
2023 Commercial Multi-Peril 0.01% $56,563 $100,107 $0 $27,547 27.52%
2023 Inland Marine (Incl Auto Cargo) 0% $0 $0 $0 $-1,735 0%
2023 Earthquake 0% $0 $10,386 $0 $212 2.04%
2023 Direct Workers Compensation 0.07% $801,152 $825,144 $835,702 $540,397 65.49%
2023 Other Liability - Bodily Injury & Property Damage 0.02% $207,130 $186,832 $10,200 $-175,864 -94.13%
2023 Products Liability 0.17% $81,571 $92,967 $0 $-10,557 -11.36%
2023 Total Commercial Automobile 0.07% $687,522 $651,126 $105,001 $184,676 28.36%
2023 Commercial Auto Liability Bodily Injury 0.06% $329,391 $310,450 $50,957 $71,454 23.02%
2023 Commercial Auto Liability Property Damage 0.12% $172,857 $162,375 $27,438 $37,464 23.07%
2023 Commercial Auto Medical Payments 0% $45 $148 $0 $0 0%
2023 Commercial Auto Uninsured Motorists 0% $720 $1,589 $0 $0 0%
2023 Commercial Auto Comprehensive 0.08% $90,594 $86,693 $13,064 $37,197 42.91%
2023 Commercial Auto Collision 0.05% $93,915 $89,871 $13,542 $38,561 42.91%
2023 Boiler & Machinery 0.05% $24,748 $25,461 $0 $-5,554 -21.81%
2023 National Flood Insurance Program 0% $0 $7 $0 $34 485.71%
2022 Total Property & Casualty 0.05% $7,529,705 $7,686,213 $3,974,128 $5,921,353 77.04%
2022 Total Fire & Allied Lines 1.18% $5,697,394 $5,575,604 $3,100,560 $4,663,071 83.63%
2022 Commercial Fire & Allied Lines 1.8% $5,697,394 $5,575,604 $3,100,560 $4,663,071 83.63%
2022 Commercial Multi-Peril 0.01% $104,494 $105,597 $0 $-7,937 -7.52%
2022 Inland Marine (Incl Auto Cargo) 0% $0 $0 $0 $-1,305 0%
2022 Earthquake 0.01% $17,798 $11,553 $0 $-13 -0.11%
2022 Direct Workers Compensation 0.07% $772,848 $867,578 $893,391 $986,005 113.65%
2022 Other Liability - Bodily Injury & Property Damage 0.02% $177,242 $318,667 $31,292 $438,863 137.72%
2022 Products Liability 0.09% $40,351 $39,166 $0 $-74,662 -190.63%
2022 Total Commercial Automobile 0.07% $697,369 $743,000 $-51,115 $-78,947 -10.63%
2022 Commercial Auto Liability Bodily Injury 0.07% $317,022 $341,391 $14,423 $-26,405 -7.73%
2022 Commercial Auto Liability Property Damage 0.11% $170,704 $183,059 $7,766 $-14,218 -7.77%
2022 Commercial Auto Medical Payments 0.12% $8,338 $8,159 $0 $0 0%
2022 Commercial Auto Uninsured Motorists 0.08% $30,531 $29,287 $0 $0 0%
2022 Commercial Auto Comprehensive 0.07% $83,914 $84,195 $-36,020 $-18,831 -22.37%
2022 Commercial Auto Collision 0.05% $86,860 $96,909 $-37,284 $-19,493 -20.11%
2022 Boiler & Machinery 0.06% $22,151 $24,386 $0 $-3,722 -15.26%
2022 Private Flood 0% $58 $662 $0 $0 0%
2021 Total Property & Casualty 0.05% $6,832,573 $6,088,216 $2,867,481 $2,942,500 48.33%
2021 Total Fire & Allied Lines 0.69% $4,526,664 $3,800,275 $645,128 $1,471,561 38.72%
2021 Commercial Fire & Allied Lines 1.36% $4,526,664 $3,800,275 $645,128 $1,471,561 38.72%
2021 Commercial Multi-Peril 0% $37,656 $46,962 $0 $-32,190 -68.54%
2021 Inland Marine (Incl Auto Cargo) 0% $0 $0 $0 $725 0%
2021 Earthquake 0% $962 $545 $0 $-8 -1.47%
2021 Direct Workers Compensation 0.1% $925,120 $1,059,495 $241,061 $189,897 17.92%
2021 Other Liability - Bodily Injury & Property Damage 0.07% $543,600 $479,799 $855,184 $564,538 117.66%
2021 Products Liability 0.11% $46,240 $40,816 $0 $-141,352 -346.32%
2021 Total Commercial Automobile 0.08% $730,381 $644,841 $1,126,108 $887,600 137.65%
2021 Commercial Auto Liability Bodily Injury 0.08% $355,956 $283,940 $661,284 $481,762 169.67%
2021 Commercial Auto Liability Property Damage 0.11% $150,309 $151,854 $356,076 $3 0%
2021 Commercial Auto Medical Payments 0.13% $8,338 $8,159 $0 $0 0%
2021 Commercial Auto Uninsured Motorists 0.1% $30,531 $29,287 $0 $175,000 597.53%
2021 Commercial Auto Comprehensive 0.07% $70,719 $67,346 $75 $37,459 55.62%
2021 Commercial Auto Collision 0.07% $114,528 $104,255 $108,673 $193,376 185.48%
2021 Boiler & Machinery 0.06% $20,950 $15,094 $0 $1,729 11.45%
2021 National Flood Insurance Program 0.01% $1,000 $389 $0 $0 0%

Complaint Index

Link to Consumer Complaint Index Page
This company does not have any consumer complaints.

Company Changes

Effective Date:
Comments:

The Yasuda Fire & Marine Insurance Co. of America changed its name to Sompo Japan Insurance Co. of America.

Effective Date:
Comments:

Effective 09/01/14 Nipponka Insurance Company Ltd. merged with and into Sompo Japan Insurance Company Ltd.

Market Regulation Actions

Date:

Financial Exams

This company does not have any financial exams.