Sumitomo Life Insurance Company 住友生命保険相互会社
Type | Private. Mutual |
Industry | Insurance |
Founded | 1907 |
Headquarters | 4-35, Shiromi Itchome, Chuo-ku, Osaka, Osaka prefecture, Japan |
Website | sumitomolife.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.
- 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.