Sun Life Assurance Company of CanadaBack to list
President & CEO: Dean A. Connor
AM Best Rating: A+(Superior)
Total Assets: $154.6 billion
Net Income: $1.34 billion
New Premiums Written: $5.67 billion
Financial Size Category: XV ($2 billion or greater)
FSR Outlook: Stable
Best's Issuer Credit Rating: aa-
ICR Outlook: Stable
As of Date: 06/28/13
Organization Type: Stock
Specialty Lines of Business: Annuities, Accident & Sickness, Life Insurance
Marketing Type: Career Agent Broker
Sun Life Assurance Company of Canada
150 King Street West
Toll Free: 1-800-786-5433
Web Address: www.sunlife.ca
* Info courtesy of AM Best's Key Ratings Guide 2013.
Sun Life Financial is a leading insurance and financial services company in Canada, and has been operating in the Canadian market since 1865. In 2002 it merged with Clarica, thus becoming one of the top insurance and financial management companies in Canada, claiming that one in every five Canadians has business relations with them.
Internationally, Sun Life markets its diverse products in various countries, including the UK, U.S., Ireland, China, Japan and India. The company is listed on the Toronto, New York and Philippines stock exchanges. The services and products offered by Sun Life are available to individuals, small and medium-sized businesses and organizations.
Products offered through Sun Life can be divided into two groups: pre-retirement and post-retirement products. In pre-retirement cases there are insurance, health care and wealth management products, with which Sun Life has the largest share in the Canadian market.
Regarding retirement products, Sun Life is also number one in the Canadian market, controlling 30% of the total market. Their customers include Pepsi, Hewlett Packard, IBM and Motorola, just to name a few.
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