October 20, 2017 Sompo Holdings, Inc.

Information of Incurred Loss Estimates due to Hurricanes in North America, etc.

We hereby express our sincerest sympathies to all who have affected by the recent natural disasters.

Sompo Holdings, Inc. reports today that the Incurred Loss Estimates of our Group attributable to several natural catastrophes in U.S., Mexico and the Caribbean countries occurred in August and September this year as below.

  1. Amounts of Incurred Loss Estimates as of October 20, 2017

    Approx. JPY 70 bil (Group total, pre-tax) (Breakdown)

    Hurricane Harvey approx. JPY 24 bil

    Hurricane Irma approx. JPY 37 bil

    Hurricane Maria approx. JPY 8 bil Earthquakes in Mexico approx. JPY 1 bil

    The above figures (net of reinsurance and less net loss attributable to non-controlling shareholders, etc.) are based on information currently available, and will be revised in future due to further claim surveys that are currently on going.

  2. 2017 Forecast

Our consolidated earnings forecast for the fiscal year ending March 31, 2018 is currently under review. We will immediately announce it if we need to revise.

- End -

Sompo Holdings Inc. published this content on 20 October 2017 and is solely responsible for the information contained herein.
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