Japan insurer Sompo put topline ahead of customers, lawyers say

Problems festered partly because whistleblower system did not function

20240116 SOMPO

Fierce competition with rivals was behind Sompo Japan's closer ties with Bigmotor.

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- In an unfolding scandal that involves Japan's third-largest casualty insurer and a major secondhand car dealer, investigators have found that insurance company Sompo Japan had a culture of prioritizing market share over customers.

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