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Sumitomo Life

Sumitomo Life Insurance Company
住友生命保険相互会社
Sumitomo Seimei Hoken Sōgo-gaisha
Company typePrivate. Mutual
IndustryInsurance
Founded1907
Headquarters4-35, Shiromi Itchome, Chuo-ku, Osaka, Osaka prefecture, Japan
Key people
Masahiro Hashimoto [jp] (Chairman)
Yukinori Takada (President)[1]
Number of employees
42,098
Websitesumitomolife.co.jp

Sumitomo Life Insurance Company (住友生命保険相互会社, Sumitomo Seimei Hoken Sōgo-gaisha, Sumisei) is a mutual life insurance company in Japan, founded in 1907 and headquartered in Osaka.

In 2005, the company announced a joint venture with the People's Insurance Company of China. The new company was named PICC Life Insurance, which sells insurance products, including savings-oriented endowment insurance policies.

In 2012, Sumitomo Life decided to become a strategic partner of Bao Viet Insurance from Vietnam by acquiring 18% of the company's shares previously held by HSBC.[2]

See also

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References

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  1. ^ "Board Members (As of July 4, 2023)". Retrieved 9 January 2024.
  2. ^ "Cơ hội nào cho nhà đầu tư chiến lược mới tại Bảo Việt?". GaFin.vn. 20 December 2012. Archived from the original on 21 December 2012. Retrieved 20 December 2012.
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