Sun Life of Canada (Philippines), Inc. continues to reign as number one. 1st life insurance company for 13 consecutive years after raking in PHP55.79 billion in total premium revenue.
This is according to the 2023 report published by the Insurance Commission, based on the unaudited quarterly report submitted on certain financial statistics. In the same report, Sun Life also ranked first. 1 in total assets with PHP306.33 billion and in net income with PHP8.79 billion.
“To be systematically no. 1 means our customers continue to trust us to help them secure a better future for themselves and their loved ones,” said Benedict Sison, CEO and Country Head of Sun Life Philippines. “It is a privilege to be their chosen partner in their financial journey, and we will continue to honor their trust by serving them with excellence.” »
This milestone follows Sun Life’s 129th anniversary, making it the first and oldest life insurance company in the Philippines. As further testimony to its commitment to delivering excellence, the company has also recently received accolades from regional awarding bodies. Sun Life has been recognized as one of the industry champions of the year at the Asia Corporate Excellence and Sustainability (ACES). Likewise, the company also received the Corporate Excellence Award at the Asia Pacific Enterprise Awards (APEA) for demonstrating effective talent mobilization and organizational capability to deliver consistent business results while remaining aligned on the objective of the company.
“We would not be where we are today without the passion and dedication of our advisors and employees,” added Sison. “We would like to thank them for their commitment to our mission of helping Filipinos achieve lifelong financial security and live healthier lives. »
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