Sun Life Financial Inc
Company Profile
Business description
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 38% of adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 20% of the firm’s adjusted earnings in 2024. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.1 trillion total assets under management or administration at the end of 2024 and represents around 34% of the firm’s 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
31,768
Morningstar Investment Ideas
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