Magazine date:
Mar 2012 Following the 1.3 billion USD losses sustained in Thailand, NKSJ Holding, the country’s third insurer, is going to undertake an important reshuffle of its management department. This change comes less than two years after the fifty-fifty merger between Sompo Japan Insurance and Nipponkoa which gave birth to a new group. The current organisation with two joint general managers will be revised. The new structure will comprise a chairman and a general manager assisted by an executive staff member at the top of each unit. An additional move designed to achieve further integration will be made.