Number of employees 42,098 Founded 1907 | Website sumitomolife.co.jp Subsidiaries Symetra Financial | |
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Romanized name Sumitomo Seimei Hoken Sōgo-gaisha CEO Masahiro Hashimoto (1 Apr 2014–) Profiles | ||
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 PICC Holdings Company (中国人保控股公司). The new company will be called PICC Life Insurance Co. (中国人保寿险有限公司). It will sell 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.
Sumitomo life insurance rakuraku jinsei takahashi yumiko
References
Sumitomo Life Wikipedia(Text) CC BY-SA