Corporate
Sun Life Financial is a Canadian global financial services company, with operations all over the world. The company traces its roots back to 1865 in Montreal, Quebec, when it was set up under the name and style of Sun Mutual Life Insurance Company. Today Sun Life Financial has grown and expanded globally and manages assets worth USD 350 billion. The company offers a wide range of services mainly aimed at individual customers based all over the world.Sun Life Financial is a Fortune 500 company.
Activities
Sun Life Financial offers the following services:- Insurance - comprise life insurance and health insurance
- Mutual Funds - comprise segregated funds, payout annuities and flexible income plan
- Group Benefits - comprise life and accidental death and dismemberment insurance, extended health care, dental care, disability benefits, flexible benefits, health spending accounts, international benefit solutions
- Group Retirement Services - comprise registered plans, non registered savings plan, company stock funds, group RIF and LIF
- Association and Affinity Business
- Reinsurance - comprise individual life retrocession, group life retrocession, corporate owned life insurance, critical illness
Performance
Sun Life Financial recorded revenues of Can $ 5,380 million in FY 2006 that was 18 % higher than what it was in the fiscal before.In FY 2005 the assets held by Sun Life Financial were worth Can $ 69,230 million that was approximately 4.64 % higher than what it was in the last fiscal.
Value of assets over the last 3 fiscals (In million Can $) ![]() Sun Life Financial’s net income in FY 2005 was Can $ 2,144 million which was approximately 14.8 % lower than what it was in the last fiscal. Net income over the last 3 fiscals (In million Can $)
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Organization
Sun Life Financial is headed by Mr. Ronald W. Osborne who is the Chairman of the companySun Life Financial employs 13,000 people globally
Sun Life Financial’s head office is located at:
150 King Street West,Toronto,
M5H 1J9
Tel: 416-979-4800
www.sunlife.com
