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. 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. See also List of investors in Bernard L. Madoff Securities References External links Sumitomo Life Insurance Company (in Japanese) Sumitomo Life Insurance Company Annual Report (in English) Insurance companies of Japan Mutual insurance companies Mitsui Companies based in Osaka Prefecture Japanese brands Sumitomo Group Financial services companies established in 1907 Japanese companies established in 1907