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Sompo International posts underwriting income of nearly $341 million

Posted On: Nov. 20, 2023 9:44 AM CST

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.