“I am delighted and honoured to be joining Sompo at this historic point in time for the organisation,” said the successor, who will be taking the helm at the segment that represents more than 30% of Sompo Holdings’ projected adjusted profit. Headquartered in Bermuda, Sompo International is manned by approximately 6,600 people globally.
“Building on the extremely strong franchise, significant balance sheet, and the ability to transact complex business of scale on a global basis is energising,” added Shea, “and I am looking forward to working with the talented and highly regarded executives and colleagues at both Sompo Group and Sompo International.”
The incoming boss most recently served as commercial insurance chief executive at Zurich Insurance Group, and brings more than 25 years of global insurance experience to the property and casualty (re)insurer, whose confidence and support Shea said he is thankful for.
Shea will be reporting to Sompo Holdings group CEO Kengo Sakurada.
Meanwhile, the outgoing chief…
