PEMBROKE, Bermuda – July 31, 2020 – Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today the appointment of Mr. James McDonald to lead its Energy team in London.
Mr. Julian James, Chief Executive Officer, International Insurance at Sompo International, said: “As the industry adapts to the post-Covid world, our focus is on getting ever closer to our clients and broker partners to deliver the solutions they need to navigate this changing risk environment. Whilst the energy sector is challenged by the pandemic, increased volatility in oil prices and other factors, we continue to take a long-term view of this important class of business and remain committed to pursuing sustainable growth through a connected approach across upstream, downstream and renewables.”
Mr. McDonald is a leading Energy insurance market practitioner with more than 30 years of experience across both the broking and underwriting sectors. He joins Sompo International from Talbot and has previously held senior roles at Cotesworth, Goshawk and Sedgwick.
About Sompo International
Sompo International Holdings Ltd. is a global specialty provider of property and casualty insurance and reinsurance, headquartered in Bermuda. Through its operating subsidiaries, Sompo International writes agriculture, professional lines, property, marine, energy, casualty and other specialty lines of insurance and catastrophe, property, casualty, professional lines, weather risk and specialty lines of reinsurance. Sompo International companies are wholly owned subsidiaries of Sompo Holdings, Inc., whose core business encompasses one of the largest property and casualty insurance groups in the Japanese domestic market. We maintain excellent financial strength as evidenced by the ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on our principal operating subsidiaries. Sompo International’s headquarters are located at Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing address is Sompo International, Suite No. 784, No. 48 Par-la-Ville Road, Hamilton HM 11, Bermuda.
For more information about Sompo International, please visit www.sompo-intl.com.