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Group 7

What is insurance?

is a contract of indemnity under


which insurance company or insurer agrees
to pay a certain sum of money to
compensate loss caused by the Occurrence
of uncertain event in consideration of
certain periodical payments i.e. premium
From world war to building a nation, Sun Life in the Philippines led an
illustrious history that bore witness to the struggles and triumphs of
Filipinos.
It was in 1895, three years before the Republic of the Philippines was
officially founded, when Sun Life first set foot in the country with the
mission of giving Filipinos the opportunity to enjoy the humanitarian
benefits of insurance.

Sun Life of Canada (Philippines) is the first and oldest life insurance company in
the Philippines. Undeniably, the ability to fulfill its promises to its clients has
made Sun Life the preferred life insurance company in most households. No
wonder it is still the top life insurance company in the country.
• Building a nation under the sun
• Spreading the benefits of financial security
• Investing in our advocacy
• Ascending to the top
• Rising with the filipinos

And it is this legacy of love, passion, and commitment, that the company
aims to uphold. As it continues its journey onwards... for a brighter Philippines!
Sun Life in the Philippine Leadership Team
The Sun Life in the Philippine Leadership Team inspires an environment of
collaboration, passion, and dedication to the company's purpose. Together, they
shine the light as thought leaders and experts in our industry.

-CEO and Country Head


-President, Sun Life of Canada (Philippines), Inc. (SLOCPI)
-Chief Asset Management Officer
-President, Sun Life Grepa Financial, Inc. (SLGFI)
-Chief Operating Officer, Sun Life Grepa Financial, Inc. (SLGFI)
-President and Chief Investment Officer Sun Life Investment Management and Trust
Corporation
-Chief Financial Management Officer
It is primarily known as a life insurance company. Sun Life has a presence in
investment management with over CAD$1.3 trillion in assets under management
operating in a number of countries. It has over $125 billion in assets under
administration as of 2020.
As of September 2023 Sun Life Financial has a market cap of $28.92 Billion. This
makes Sun Life Financial the world's 598th most valuable company by market cap
according to our data. The market capitalization, commonly called market cap, is the
total market value of a publicly traded company's outstanding shares and is commonly
used to measure how much a company is worth.
Sun Life Financial Inc (Sun Life) is an international financial
services company. The company, through its subsidiaries,
provides a range of life and health insurance, savings, investment
management, retirement, and pension products and services. The
company also offers dental and disability insurance and medical
insurance products. It also provides financial planning and
advisory services. The company offers these products and
services to both individuals and corporate customers
PRESENT DEVELOPMENT:
Sun Life Philippines, the local insurance arm of Canadian giant Sun Life
Financial, plans to look at credit and private markets as part of broader asset allocation
plans for 2023, a senior told Asian Investor.

SUN LIFE of Canada (Philippines), Inc. targets sustained growth in 2023 as it


looks to launch new products to cater to its clients’ needs amid higher interest rates and
elevated inflation

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