Sumitomo Life

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.

Headquarters of Sumitomo Life Insurance Company in Chuo-ku, Osaka

Sumitomo Life Insurance Company
住友生命保険相互会社
Sumitomo Seimei Hoken Sōgo-gaisha
TypePrivate. Mutual
IndustryInsurance
Founded1907
Headquarters4-35, Shiromi Itchome, Chuo-ku, Osaka, Osaka prefecture, Japan
Number of employees
42,098
Websitesumitomolife.co.jp

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.[1]

See also

References

  1. "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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