Sumitomo Life Insurance Company
Osaka, 540-8512, Japan Phone: +81-6-6937-1435
Primary US Office:
Subscribers Only http://www.sumitomolife.co.jp
Overview
One of Japan's biggest mutual life insurers (along with Nippon Life and Dai-ichi Mutual Life). The firm sells individual, group life, and specialized health policies through about 80 branch offices and nearly 2,000 district offices. Along with its sales force, Sumitomo Life sells its products through a network of hundreds of financial institutions. It also administers pension plans and, through subsidiary Sumisei General, offers auto insurance. Sumitomo Life has a pension management joint venture with Mitsui Life. Sumitomo Life, which has operations in China, the UK, the US, is part of the Sumitomo Mitsui keiretsu -- a group of firms linked by cross-ownership.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Sumitomo Life Insurance Company
| Company Type | Private - Mutual Company |
|---|---|
| Fiscal Year-End | March |
| 2008 Sales (mil.) | £16,858.6 |
| 1-Year Sales Growth | 4.9% |
| 2008 Net Income (mil.) | £470.8 |
| 1-Year Net Income Growth | 28.7% |
| 2008 Employees | 43,434 |
| 1-Year Employee Growth | (5.2%) |
Key People from Hoover's UK
Key people and executives for Sumitomo Life Insurance Company
| Chairman | Shinichi Yokoyama (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President, CEO, and Director | Yoshio Sato Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Sumitomo Life Insurance Company
There are 12 competitors for Sumitomo Life; see more.Industry Information from Hoover's UK
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