Profile: Sun Life Financial Inc (SLF.N)
11 Feb 2016
Sun Life Financial Inc. (Sun Life Financial), incorporated on August 5, 1999, is a financial services organization, which provides a range of protection and wealth products and services to individuals and corporate customers. The Company operates in five segments: Sun Life Financial Canada (SLF Canada), Sun Life Financial United States (SLF U.S.), MFS Investment Management (MFS), Sun Life Financial Asia (SLF Asia) and Corporate. The Company distributes its products through a variety of distribution channels, including direct sales agents, managing general agents, independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants and other third-party marketing organizations. The Company operates in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda.
In the Philippines, the Company distributes a range of protection and savings products through its career agency sales force and bancassurance channel. The Company offers individual and group life and health insurance products to individuals and businesses through its wholly owned subsidiary, Sun Life of Canada (Philippines), Inc. (SLOCPI), and its joint venture with the Yuchengco Group, Sun Life Grepa Financial, Inc. (SLGFI). In addition, it offers mutual funds through its wholly owned subsidiary, Sun Life Asset Management Company, Inc. (SLAMCI) and pre-need products through Sun Life Financial Plans Inc. (SLPFI).
In Hong Kong, the Company offers a range of products to address protection and savings needs. The Company also offers individual life and health insurance, mandatory provident funds and pension administration to individuals and businesses through a career sales agency force and independent financial advisors. In Indonesia, the Company offers individual life and health insurance, as well as creditor life insurance through its wholly owned subsidiary, PT Sun Life Financial Indonesia, and PT CIMB Sun Life, its joint venture with PT Bank CIMB Niaga.
In India, the Company provides a range of individual and group protection, savings and retirement products through a multi-channel distribution network, including a career agency sales force, bancassurance distribution, brokers and worksite marketing. The Company offers mutual fund products and portfolio management services to both individual and institutional investors. In China, the Company operates a multi-distribution model that combines a direct career agency, financial consultants, telemarketing and bancassurance alliances to sell individual life and health insurance and savings products. Sun Life Everbright Asset Management Co., Ltd., a wholly-owned subsidiary of Sun Life Everbright Life Insurance Company Limited, carries on business in China as an insurance asset management company.
In Vietnam, the Company offers individual insurance and pensions through PVI Sun Life Insurance Company Limited, its joint venture with Petro Vietnam Insurance Holdings. Its products are distributed through a career agency sales force and a corporate sales team. In Malaysia, the Company offers individual and group insurance through Sun Life Malaysia Assurance Berhad and Sun Life Malaysia Takaful Berhad, its joint ventures with Khazanah Nasional Berhad and CIMB Group Holdings Berhad.
Sun Life Financial Inc
150 King St W
TORONTO ON M5H 1J9
Company Web Links
- Sun Life fourth-quarter profit rises on growth from Canada, Asia
- Canada's Sun Life signs C$530 million annuity deal
- MOVES-Sun Life Financial names Randolph Brown chief investment officer
- Canada's Sun Life to raise stake in Indian insurance joint venture
- UPDATE 1-Canada's Sun Life to raise stake in Indian insurance joint venture