Sompo International posts underwriting income of nearly $341 million

Bermuda-based insurer Sompo International Holdings Ltd. has posted an underwriting income of $340 million for the six months ended Sept. 30, down $104.6 million from the year-ago comparative period due to higher losses from natural disasters, Reinsurance News reported. Meanwhile, the insurer’s gross premiums written grew by $88 million year-on-year to just over $9 billion.