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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.
1884 became a landmark year as Sun Life Assurance Society issued more than 1000 policies for the first time. [15] In 1891, the company set up the Sun Life Assurance Company of India, with offices at 7 Council House Street, Calcutta, and a local Board of Directors. Harris Saunders was the Actuary and General Manager.
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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The Sun Life Assurance Society was a life insurance offshoot, founded in 1810, of the Sun Fire Office. [2] The Head Office moved to Bristol in 1976. [ 3 ] UAP acquired 50% of the Sun Life Assurance Society in 1992.
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