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Sompo Japan's external probe finds systematic ignorance of antitrust compliance

By Toko Sekiguchi ( June 17, 2024, 08:14 GMT | Insight) -- An external investigation into Sompo Japan Insurance’s role in a massive policy price cartel for damage claims exposed an insurance company with blatant disregard for antitrust governance, which carried on as recently as last year when the company under-reported to regulators the depth of its anticompetitive conduct. An external investigation into Sompo Japan Insurance’s role in a massive policy price cartel for damage claims exposed an insurance company with blatant disregard for antitrust governance, which carried on as recently as last year when the company under-reported to regulators the depth of its anticompetitive conduct....

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