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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
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.
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In the years leading up to the Second World War, Sun Life Assurance Society owned East Hall, a house in the outskirts of Orpington. In 1938, it was made into a Southern Divisional Centre in preparation for the war. [19] In 1965, the 155 years of close association between Sun Life and the Sun Fire Office came to an end. [20]
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.