Sompo International Announces the Appointment of Thomas Brazil As Chief Executive Officer of SI Insurance (Europe), SA

PEMBROKE, Bermuda, April 18 -- Sompo International Holdings, a property and casualty insurance and reinsurance company, issued the following news release:

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that, subject to regulatory approval, Mr. Thomas Brazil will become Chief Executive Officer of SI Insurance (Europe), SA, the company's platform for European Economic Area (EEA) insurance business. Mr. Brazil has held significant leadership roles in the European insurance and reinsurance field as both an underwriter and broker. He will relocate from Zurich, Switzerland to SI Insurance (Europe)'s headquarters in Luxembourg.

Mr. Brazil assumes the role previously held by Mr. Takashi Kurumisawa, who will now join the Sompo International Office of the CEO as Executive Vice President Transactions Strategy and the Sompo International Retail Executive Team, both effective immediately. In his new role, Mr. Kurumisawa will provide coordination focused on the integration into Sompo International of the remaining Sompo overseas businesses outside of Japan, a key strategic initiative for Sompo Holdings, Inc. (Sompo). Prior to joining Sompo International in 2017, he was General Manager of the Global Strategy Office of Sompo for eight years and led the transformation of Sompo's overseas business, focused on M&A and integration of acquired companies. Mr. Kurumisawa will be located in New York City, subject to immigration approval.

Mr. Christopher Gallagher, Executive Director and Chief Executive Officer of Sompo International Commercial P&C commented, "I am very pleased that Thomas has assumed the role of CEO of SI Insurance (Europe). He brings to this role extensive underwriting expertise, a commercial perspective and broad pan-European experience. Europe is a strategic market for our commercial P&C business and SI Insurance (Europe) provides Sompo with a core foundation for additional growth in this region. Thomas will work closely with colleagues in London and across the Continent as we continue to enhance our product offerings to our EEA clients."

Mr. Frudd, Executive Director, Chief Executive Officer of Sompo International Holdings and Senior Executive Officer and Chairman of Overseas M&A for Sompo Holdings, Inc. commented, "I would like to thank Takashi for his contributions over the past year towards the successful launching of SI Insurance (Europe) and in assisting with the integration of Sompo's commercial operations across Europe which now provides Sompo International with broad EEA insurance capabilities. I now look forward to working with him as we continue to build Sompo International into a truly integrated global platform to deliver both commercial and retail products throughout the world."

Mr. Brazil is currently Senior Vice President, and Head of Europe Property Catastrophe Reinsurance at Sompo International.