Who owns BNI Life Insurance?
BNI Life Insurance is not wholly owned by any single company recorded here: Sumitomo Life (Japan) holds a 39.99% stake.[1]
Evidence: Sumitomo Life Annual Report 2025, Sumitomo Life Insurance Company. Last checked .
Key facts
- Largest stakeholder
- Sumitomo Life Insurance Company (39.99% stake) reported
- Headquarters
- 🇯🇵 Japan
- Origin
- 🇮🇩 Indonesia
- Category
- Finance & insurance › Insurance › Life & health insurance
- Last verified
- · 1 sources
About BNI Life Insurance
PT BNI Life Insurance is an Indonesian life insurer, based in Jakarta and established on 28 November 1996 according to Sumitomo Life's Annual Report 2025. That report lists it as an equity-method company with 39.99% of voting rights held by Sumitomo Life.
Ownership timeline of BNI Life Insurance
Where BNI Life Insurance sits in Sumitomo Life
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Sumitomo Life ownership tree →
See the full Sumitomo Life brand portfolio (5) →
Other brands owned by Sumitomo Life
Sumitomo Life controls 6 brands on Brandtree, 6 of them in finance & insurance.
Also in finance & insurance
Other brands in life & health insurance, and who owns them
The 33 brands in life & health insurance on Brandtree belong to 19 owners. The largest is Nippon Life, with 4; Sumitomo Life has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| LIC | LIC of India | 🇮🇳 India |
| Hanasaku Life Insurance | Nippon Life | 🇯🇵 Japan |
| Meiji Yasuda | Meiji Yasuda | 🇯🇵 Japan |
| Assupol | Sanlam | 🇿🇦 South Africa |
| Elips Life | Swiss Re | 🇨🇭 Switzerland |
| American Income Life | Globe Life | 🇺🇸 United States |
| CNP Assurances | CNP Assurances | 🇫🇷 France |
| VitalityLife | Discovery | 🇿🇦 South Africa |
About the owner: Sumitomo Life
Sumitomo Life is a cooperative headquartered in Japan, founded in 1907.
Sumitomo Life Insurance Company is a Japanese life insurer. Its Annual Report 2025 says the company was founded as Hinode Life Insurance 118 years earlier and has operated under the Sumitomo brand since joining the Sumitomo Group 99 years earlier. The report describes the company as a mutual company with no shareholders, where each policyholder is a member. Its overseas subsidiaries listed as of 31 March 2025 include Symetra Financial Corporation in the United States and Singapore Life Holdings in Singapore, both at 100.00% of voting rights.
Sumitomo Life: full profile, brands and acquisition history →
🇮🇩 BNI Life Insurance and other Indonesian brands
Brandtree records a controlling owner for 161 brands that began in Indonesia. 7 of them (4%) are now controlled by a company headquartered in another country, BNI Life Insurance among them.
Frequently asked questions
Who owns BNI Life Insurance?
No single company recorded here owns BNI Life Insurance outright. Sumitomo Life holds a 39.99% stake.
Does Sumitomo Life control BNI Life Insurance?
No. A 39.99% holding does not give control, so Sumitomo Life shares ownership with others.
Where did BNI Life Insurance come from?
BNI Life Insurance originated in Indonesia.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Sumitomo Life Annual Report 2025 — Sumitomo Life Insurance Company, Annual report; retrieved 11 October 2026.
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