Sun Life Financial Inc
Company Profile
Business description
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company’s investment management business contributes approximately 30% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the fourth quarter of 2023. The Canada business contributes about 35% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributed approximately 22% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 13% of earnings.
Contact
1 York Street
31st Floor
TorontoONM5J 0B6
CANT: +1 416 979-9966
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Diversified
Fiscal Year End
31 December 2025
Employees
58,245
Morningstar Investment Ideas
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