MANILA, PH – (March 2024) – Sun Life of Canada (Philippines), Inc. continues to reign as the no. 1 life insurance company for 13 consecutive years after garnering PHP 55.79 billion in Total Premium Income. This is according to the 2023 report released by the Insurance Commission based on submitted unaudited Quarterly Report on Selected Financial Statistics. In the same report, Sun Life also ranked no. 1 in Total Assets with PHP 306.33 billion, and Net Income with PHP 8.79 billion.
“Being consistently no. 1 means that our clients continue to trust us to help them secure a brighter future for themselves and theirloved ones,” Sun Life Philippines CEO and Country Head Benedict Sison said. “It is a privilege to be their chosen partner in their financial journey, and we will continue to honor their
confidence by serving them with excellence.” This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines. As a further testament to its dedication in delivering excellence, the company also received accolades from regional award-giving bodies recently. Sun Life was recognized as one of the Industry Champions of the Year at the Asia Corporate Excellence and Sustainability (ACES) Awards. Likewise, it was also bestowed with the Corporate Excellence Award at the Asia Pacific Enterprise Awards (APEA) for demonstrating effective talent mobilization and organizational capability that deliver
consistent business results while remaining aligned to the company’s purpose.
“We would not be where we are today if not for the passion and dedication of our advisors and employees,” Sison added. “We would like to thank them for their commitment to our mission of helping Filipinos achieve lifetime financial security and live healthier lives.”
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the
Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2023, Sun Life had total assets under management of CAD 1.34 trillion. For more information, please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
Media Relations Contact: 
Lalie Novero
Mobile No.: +639988495991
Email: pnove@sunlife.com
