Palantir stock inches up after announcing multi-year expansion of SOMPO partnership. Here’s why PLTR shares do not look ...

Palantir Technologies Inc. (NASDAQ:PLTR) shares were trading relatively flat on Tuesday. The company said its long-running ...

Technologies announced a multi-year expansion of their partnership with SOMPO Holdings via its Japanese joint venture Palantir ...

Sompo Holdings Inc. was founded in Japan, where it has been operating for more than 130 years in the insurance market. Nowadays, the company has subsidiaries on five continents.

Sompo Japan, Tokio Marine & Nichido Fire Insurance Co. and Mitsui Sumitomo Insurance Co. all recommended that their policyholders use Bigmotor to repair their vehicles following an accident.

Sompo's operating performance remains strong, driven by consistent premium growth and a five-year average return on equity of 8.9% from fiscal year 2019 to 2023.

SOMPO’s latest collaboration is one of its most promising. Last November, the firm forged an alliance with Palantir Technologies Inc. of the United States to found Palantir Technologies Japan.

Sompo has been operating in Israel through its Digital Lab Tel Aviv, established in 2018 to tap into Israeli fintech and insurtech startups. The lab has invested over $20 million in Israeli ...

Japanese insurer Sompo Holdings Inc <8630.T> could announce a deal to buy U.S. casualty insurer Endurance Specialty Holdings Ltd (ENH.N) for about $6.5 billion (5.10 billion pounds) on Wednesday ...

Among Sompo's AI endeavors are experiments that use automated machine learning to predict the onset of heart disease and disorders such as dementia. The company is also working on improving data ...