“As we mark Sun Life’s 126th anniversary in the country this year, our commitment remains as strong as ever. Various engagement activities were also held virtually to help provide a sense of clarity amid the uncertainty. Sun Life achieved success in 2020 due to its quick adaption to the new environment, where it launched various digital innovations so it may continuously serve its clients, such as the Digitally-Enabled Selling Process and the Remote Online Medical Examination.
“We also share this with our advisors and employees who remained faithful to our mission despite all the challenges we faced last year.”Īpart from topping in premium income, Sun Life also led the industry in net income, collecting a total of Php 8.47 Billion.
“We dedicate this milestone to our clients whose trust and support motivated us to keep excelling and innovating,” Sun Life of Canada (Philippines), Inc. Moreover, a significant portion of the company’s net premium income is attributed to renewal premiums, demonstrating the enduring trust of clients who continue to keep their policies in-force. This is the 10th consecutive year that Sun Life has maintained its leadership in the industry based on premium income.
Sun Life of Canada (Philippines), Inc., (Sun Life) retains the number one spot as the country’s premier life insurance company in the Philippines.Īccording to the latest report from the Insurance Commission (IC), Sun Life posted a premium income of PhP39.27 Billion.