29 Mart 2024, Cuma
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Sompo Japan sustains its stable growth

sompoTelling that Sompo Japan Sigorta was a young but continuously profit-making insurance company Sompo Japan Sigorta Private Technical and Financial Institutions Associate General Manager Şenol Ortaç said that the company announced profits for each of the 12 years it had been operating. Ortaç said that the company announced balance sheet loss only for the first three years resulting from heavy establishment expenditures adding that for the last nine years since 2005 they had been announcing profits on balance sheet with very high profit rates compared to equity capital. Ortaç said “This profitability is also reflected in automobile insurances. For instance, our company has made profit on this product and recorded positive results surpassing the industry every year without any exemption.” Telling that making sustainable and stable profits was important for all of the customer, agency, employees and investors Ortaç said that they reflected this stability to their price policies and did not put any load on their customer prices.

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