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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] In 2022 the company ranked number 235 on the Forbes Global 2000 list.
SunLife Ltd is a UK-based financial services company. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife currently offers over 50s life insurance and equity release in the United Kingdom.
Founded as the Travellers Life Assurance Company of Canada; name changed in 1924. Merged into Empire Life. Mutual Life Assurance Company: 1868 2002 Renamed Clarica Life in 2000. Acquired by Sun Life in 2002. National Life Assurance Company of Canada 1897 2005 Merged into Industrial Alliance Insurance North American Life Assurance Company: 1881 1995
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Initially, the deal Sun Life Financial struck in December to sell its U.S. annuity portfolio and some life insurance products for $1.35 billion to Delaware Life Holdings, a Guggenheim Partners ...
In 2005, CI changed its name to CI Financial, to reflect the diversity of its activities. [11] In 2007, it acquired Rockwater Capital for $250 million. [12] This deal allowed CI to expand into the investment banking business. [12] In 2008, Sun Life Financial sold its 37% ownership in CI to Scotiabank for $2.3 billion. [13]
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