Sumitomo Life Insurance Company
Founded in 1907, Sumitomo Life is one of Japan's biggest insurance firms.It provides life insurance and annuities services.
See below for the Latest Hong Kong Sumitomo Life Insurance Company News, Analysis, Profit Results, Share Price Information, and Commentary.
Fitch Ratings expects Sumitomo Life to sustain stable growth
Fitch Ratings expects Sumitomo Life to sustain stable growth
The rating agency said it anticipates continued capital strengthening.
Sumitomo Life issues $1.2b subordinated notes listed in Singapore
The 5.875% step-up callable subordinated notes are due in 2055.
Sumitomo Life maintains stable outlook: Moody’s
Annualised net premiums of in-force policies rose 6.5% in fiscal 2024.
Sumitomo Life reports $5b premium income in Q1 2025
New business annualised premiums rose 18.4%.
bolttech forms JV with Sumitomo on device protection in Asia
They expect the device protection market in the region to outpace global growth.
Sumitomo Life new plan covers despicable contact lenses
The policy provides a one-time payout of $33.40.
Sumitomo Life strong despite investment pressures: Fitch Ratings
Its underwriting profitability recovered, with core profit margin at 12%.
Sumitomo Life's capital remains solid despite solvency ratio decline
Sumitomo Life’s core profit margin increased to 12%.
Sumitomo Life net income climbs to $148m in Q1 2024
Gross premiums also surged 31.7% YoY.
Sumitomo Life lags in attractiveness amongst peers
The insurer expects a 15% YoY increase in consolidated insurance premiums.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
Sumitomo Life buys Singlife shares from TPG, plans full ownership
The deal values Singlife at S$4.6b.
Singlife receives $179.9m capital injection from Sumitomo Life
With 23.68 million new shares, Sumitomo Life now owning a 27.001% share.
Sumitomo Life buys an additional stake in Singlife
The transaction is still subject to regulatory approval.
Japanese insurers sells heatstroke insurance
Brutal heatwave saw more than 14,000 treated for heatstroke by end June.
Mixed core profit reveals Japan top life insurers' disjointed investments
Only Dai-ichi Life posted higher core profit.
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