Search Menu Enterprise Risk Management Our ERM framework consists of a strong risk management culture throughout our organization, a focus on integrating risk management into our corporate governance, and the disciplined application of risk analytics. Together, these practices are designed to: Identify, assess, measure, monitor and manage risks Optimize our risk-based capital position Maximize our risk adjusted returns on capital Manage underwriting, investment and operational volatility Clearly communicate our approach to our employees and external constituencies Our ERM practices, which have been recognized by Standard & Poor’s with an ERM assessment of “Strong” – a distinction that only 20% of North America and Bermuda insurance companies share, make Sompo International an ideal long-term business partner. Risk Culture Risk management discipline is built into our corporate culture and processes and is an important consideration as we manage our risk exposure on both the asset and liability sides of our balance sheet. Our underwriting approach gives careful consideration to controls in the selection of risk, deployment of capital, and management of aggregates and delegated authorities. We see risk as more than just a potential for loss, but also as a potential for opportunity. Risk Governance We consider ERM the responsibility of every employee. With oversight by the Chief Risk Officer, and active engagement from individual risk owners, our business units and our functional teams, we maintain transparent communications and successfully execute our risk strategy. Risk Analytics Sompo International maintains a corporate risk scorecard that monitors all risks and their correlations across the organization encompassing underwriting, catastrophe, reserving, investment, counterparty, and operational risks. We regularly assess the controls that are in place for each risk category and we continue to strengthen these controls as we gain insights from external events. Our risk assessment is supported by our modeling capabilities for each of these risk categories, as well as by our economic capital model, however, we believe it is critical to maintain an appropriate balance between a technical approach to measuring risk and realistic scenarios to stress-test our thinking and to plan for emerging risks. View the Solvency and Financial Condition Reports of: Sompo International Holdings Ltd. Endurance Worldwide Insurance Limited (2018) Endurance Worldwide Insurance Limited (2019) Endurance Worldwide Insurance Limited (2020) SIIE Full Year 2019 (Interim) SFCR QRT Tables SI Insurance (Europe) S.A. (2019) SI Insurance (Europe) S.A Solvency and Financial Condition Report (2020) Sompo International ©2021 Sompo International Holdings Ltd. Terms of Use | Privacy Policies | Modern Slavery Act Statement You may opt-out of receiving cookies by changing your internet browser setting. By continuing to use this website, you agree to our Privacy Policy. Accept and Proceed