Sumitomo Life Insurance

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Sumitomo Life raises ESG investment target

Japan’s Sumitomo Life Insurance has increased its three-year target for environment, social and governance thematic inve… To continue reading this

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Japan’s Sumitomo Life gives 3 trillion yen foreign bond mandate to investment arm Symetra

Insurance: Sumitomo appointed Symetra for a 2 trillion yen foreign corporate bond mandate last October
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Insurance

Japan’s Sumitomo Life forms unit to “monitor” US arm Symetra’s investments

Insurance: Sumitomo Life awarded a 2 trillion-plus yen foreign corporate bond mandate to Symetra in October 2021
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Insurance

Japan’s Sumitomo Life buys A$120 million climate bond issued by Inter-American Development Bank

Environmental: Sumitomo Life has also invested in two other ESG bonds since the beginning of the year
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Insurance

Japan’s Sumitomo Life buys A$120 million of Dutch bank BNG’s sustainability bonds

Insurance: Dutch Social Housing Association will draw down the proceeds to improve sustainability of residential areas
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Insurance

Japan’s Sumitomo Life, SBI form 8 billion yen venture fund

Insurance: Sumitomo Life aims to develop a “wellness ecosystem network” through the fund
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Insurance

Singapore Life and Aviva Singapore to merge in S$3.2 billion deal

M&A: Singlife and Aviva Singapore will combine their businesses into a new firm called Aviva Singlife
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Insurance

Sumitomo to acquire US insurer Symetra Financial Corporation

Insurance: Japanese insurer has agreed to acquire Symetra Financial Corporation for US$3.7 billion
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