Sumitomo Life Company

One of the insurance partners of our DTD company is Sumitomo Life Insurance Company (Sumitomo Life Company). In the insurance market, Sumitomo Life is currently the leading life insurance company in Japan in terms of market revenue share of premiums and total assets. Sumitomo has total assets of 23.7 trillion yen. With a history of over 100 years of development, Sumitomo Life has a distribution system throughout Japan with 71 branches, 1.567 transaction offices and 31.456 sales agents. Besides headquarters in Japan, the company has set up a representative office in New York, London, Beijing and a representative office in Hanoi is the company's fourth office. The company always strives to develop and bring customers the best services with the motto "Strengthen your future". Realizing that Vietnam is a potential environment, Sumitomo Life has plans to initially invest in Vietnam through the acquisition of 18% of the largest insurance - finance group in Vietnam - Bao Viet Group. The company hopes that from now on, it is possible to strengthen links with Vietnam Life Insurance market - a market that is expected to be able to grow strongly, as well as learn about investment opportunities in this field in Vietnam. Representative office of Sumitomo Life Insurance Company (Sumitomo Life Insurance Company), room 405, 83B Ly Thuong Kiet Street, Hoan Kiem District, Hanoi. The representative is Mr. Kazuhiko Arai.

Over the period of time of having headquarters and developing in Vietnam, Sumitomo Company has trusted and selected lawyers of DTD & ASSOCIATES LLP providing support and legal advice on large projects such as Bao Viet Holding’s share acquisition project. The support in terms of advice and legal procedures of DTD & ASSOCIATES LLP has been successfully completed with Sumitomo projects.