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Birla Sun Life Asset Management Company was established in 1994 as a joint venture between the Aditya Birla Group and Sun Life Financial of Canada where the former owns 51% and the rest is owned by the latter. It provides wealth accumulation and protection products, and services to individuals and corporate customers.
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Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 [4] trillion in assets under management operating in a number of countries. [5] Sun Life ranks number 235 on the Forbes Global 2000 list for 2022.
Within a year, Sun Life began sending out direct mail. [24] They introduced their very first plan for people aged over 50 in 1979. [25] In 1982, they became the world's first life assurance company to announce a £200,000 non-medical limit. [26] In 1992, French insurer UAP became Sun Life Assurance Society's major shareholder. [27]
Pramerica Life Insurance Co. Ltd. Private Gurugram: 2008 21: Star Union Dai-ichi Life Insurance: Private Mumbai: 2008 22: IndiaFirst Life Insurance Co. Ltd. Private Mumbai: 2009 23: Edelweiss Tokio Life Insurance Co. Ltd. Private Mumbai: 2011 24: Credit Access Life Insurance limited: Private Bengaluru: 2023 25: Acko Life Insurance Limited ...
Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [ 1 ] (worth ₹15 lakh & ₹41 lakh in 2017 prices).
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The Sun Life Centre in Toronto, Ontario (also known as 150 King Street West) was built in 1984 to house the Toronto operations of Sun Life Financial, serving as the insurance company's global headquarters until 2017. The Sun Life Financial Tower is known as an architectural symbol of modernism, located in the heart of Toronto's financial ...