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.

Sumitomo Life Insurance Company
住友生命保険相互会社

Headquarters in Chuo-ku, Osaka
Romanized name	Sumitomo Seimei Hoken Sōgo-gaisha
Company type	Private. Mutual
Industry	Insurance
Founded	1907
Headquarters	4-35, Shiromi Itchome, Chuo-ku, Osaka, Osaka prefecture, Japan
Key people	Masahiro Hashimoto [jp] (Chairman) Yukinori Takada (President)[1]
Number of employees	42,098
Website	sumitomolife.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.^[2]

See also

• List of investors in Bernard L. Madoff Securities