New Leadership at Sompo International Holdings Ltd.
Sompo, a prominent provider of commercial and consumer property and casualty (re)insurance, has officially appointed Nicholas Walsh as the Independent Non-Executive Chairman of the Board of Directors for Sompo International Holdings Ltd. This pivotal leadership change is set against the backdrop of the company's ongoing global expansion.
A Seasoned Executive Steps Up
With an impressive career spanning over five decades, Walsh's tenure as an Independent Non-Executive Director of Sompo International Holdings Ltd. began in June 2022. He takes the reins from James Shea, who was recently appointed as the Chief Executive Officer (CEO) of Sompo P&C and continues his responsibilities as CEO and Executive Director of Sompo International Holdings Ltd.
Shea expressed enthusiasm for Walsh's appointment, emphasizing the deep respect and admiration the company holds for him. He noted Walsh's invaluable contributions since joining the board three years ago. As Sompo International continues its growth trajectory, Shea anticipates that Walsh's seasoned insights will further enhance the company's commitment to its customers and partners.
Walsh's Extensive Experience
During his illustrious career, Walsh spent 42 years at AIG, where he held numerous leadership roles. He retired in 2014, having served as Vice Chairman of AIG Property and Casualty Inc. His past positions also include Executive Vice President of AIG Inc., CEO of AIG's international general insurance business, and chair of various AIG regional companies.
Walsh's extensive experience doesn't end there. Since 2020, he has been an independent director of McGill Global Solutions LLC and previously served on the board of McGill & Partners Ltd. throughout 2020 to 2024. His experience also branches into his role as an independent director of Jardine Lloyd Thompson PLC from 2014 to 2019, along with his current position as Independent Non-Executive Director at Endurance Worldwide Insurance Limited.
Introducing New Board Members
Alongside Walsh’s appointment, there are additional notable changes within the SIH Board. Monica Cramér Manhem has joined as an Independent Non-Executive Director. She brings a wealth of experience from her previous role as CEO at SiriusPoint International, the largest reinsurance company in Scandinavia. With nearly 40 years of industry experience, Cramér Manhem has significant expertise in both the insurance and reinsurance sectors.
Furthermore, Yoshihiro Uotani, the Group Chief Risk Officer (CRO) of Sompo Holdings, has also been appointed as a Non-Executive Director on the Board. Appointed as Senior Executive Vice President of Sompo Holdings in April 2025, Uotani's leadership has been essential in guiding the company through complex global risk challenges.
Strengthening the Board with Expertise
Mr. Shea remarked on the appointments of Cramér Manhem and Uotani-san, noting how these additions bolster the board's depth of expertise. Cramér Manhem's strategic insights into underwriting and analytics paired with Uotani-san's knowledge of the intricate global risks in the insurance sector will certainly position Sompo International for continued success.
About Sompo
Sompo is a global player in the insurance landscape, delivering comprehensive property, casualty, and specialty insurance solutions along with reinsurance services. Leveraging over 135 years of innovation from its parent company, Sompo Holdings, Inc., the firm employs around 9,500 professionals worldwide, dedicated to helping clients navigate complex insurance challenges.
The brand “Sompo” is synonymous with the high standards upheld by Sompo International Holdings Ltd., based in Bermuda. This company, a wholly-owned subsidiary of Sompo Holdings, operates its global property and casualty businesses with exemplary financial stability, demonstrated by their A+ ratings from both A.M. Best and Standard & Poor’s. Sompo Holdings, Inc. is listed on the Tokyo Stock Exchange.
Sompo Contact Information
Mike Jones
Global Head of Media Relations
M: +44 7765 901899
E: mijones@sompo-intl.com
Frequently Asked Questions
Who is Nicholas Walsh?
Nicholas Walsh is the newly appointed Independent Non-Executive Chairman of Sompo International Holdings Ltd., bringing over 50 years of insurance industry experience.
What positions has Walsh held previously?
He has held various leadership roles at AIG, including Vice Chairman of AIG Property and Casualty Inc.
Who are the new board members announced along with Walsh?
Monica Cramér Manhem and Yoshihiro Uotani have also been appointed to the SIH Board.
What does Sompo specialize in?
Sompo specializes in commercial and consumer property, casualty, and specialty insurance, along with reinsurance services.
How much experience does Monica Cramér Manhem have?
She has nearly 40 years of experience in the insurance and reinsurance industry.
