Sumitomo Mitsui Insurance Company's history can be traced back to the end of 19, when Japan's insurance industry was just beginning to develop. 1893, Mitsui &; Mitsui Marine Insurance Co., Ltd. (hereinafter referred to as Mitsui) was established to provide marine insurance services. Sumitomo mitsui banking corporation co., ltd was founded in 19 12, Mitsui fire &; MarineInsuranceCompany), which mainly provides fire and marine insurance services for customers.
The history of Sumitomo Life Insurance Company can be traced back to 1902, when Sumitomo Marine & Fire Insurance Company mainly provided customers with fire and marine insurance services.
In the mid-20th century, insurance companies under Sumitomo Mitsui Financial Group began to integrate their business. 1950, Mitsui Fire Marine Insurance Company merged with Sumitomo Ze Fiber Company to form Sumitomo Shipping Company (Limited). 198 1 sumitomo marine fire insurance company changed its name to sumitomo insurance company.
In 200 1 year, Sumitomo Mitsui Financial Group carried out major business restructuring, merged Mitsui Marine Insurance Co., Ltd. and Sumitomo Insurance Company, and established Sumitomo Mitsui Insurance Company. The merger makes Sumitomo Mitsui Insurance Company one of the largest insurance companies in Japan, covering property insurance, life insurance and health insurance.
Sumitomo Mitsui Insurance Company has developed into a comprehensive financial service group through business expansion and strategic alliance since its establishment. Today, Sumitomo Mitsui Insurance Company provides various insurance products and services all over the world, providing customers with comprehensive financial solutions.