Sompo Holdings and Sompo Japan Insurance are set to hold a press conference in Tokyo at 11 a.m. on January 26. This comes on the heels of a business improvement order they received from the Financial Services Agency on January 25, in relation to the fraudulent insurance claim issue involving BIGMOTOR. SOMPO's Chairman and Group CEO, Kengo Sakurada, and Sompo Japan's President, Giichi Shirakawa, are expected to attend.
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