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SMPNY (Sompo Holdings) Cash Receipts from Deposits by Banks and Customers


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What is Sompo Holdings Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Sompo Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sompo Holdings Inc (OTCPK:SMPNY) » Definitions » Cash Receipts from Deposits by Banks and Customers
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Address
26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire. Sompo has around a 26% market share of nonlife insurance premiums in Japan, compared with around 29% and 33% for larger rivals Tokio Marine and MS&AD.