Sun Life Financial Inc.
Sun Life Financial Inc. is a prominent international financial services organization headquartered in Toronto, Canada, at One York Street. Founded in 1865, its core business revolves around providing asset management, wealth, insurance, and health solutions to individual and institutional clients globally.
The company offers a diverse portfolio of products and services, including various insurance types such as term, permanent life, personal health, dental, critical illness, long-term care, and disability. Its investment offerings encompass mutual funds, segregated funds, annuities, and guaranteed investment products, alongside comprehensive financial planning services. Sun Life also provides global asset management through subsidiaries like MFS Investment Management and SLC Management, which includes BentallGreenOak and Crescent Capital Group. The company serves clients across Canada, the United States, the United Kingdom, Ireland, and numerous markets in Asia, including Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.
Led by President and CEO Kevin Strain, with Scott F. Powers serving as Independent Chairman, Sun Life maintains a significant market position as one of Canada's largest life insurers and a top global insurer by market capitalization. Recent developments include reaching a settlement in principle for a class action related to historical MetLife policies, which is expected to result in a charge to Q1 2026 net income. Sun Life U.S. has also been recognized as a Top Workplace by USA Today for the sixth consecutive year. The company has strategically shifted its business model towards less capital-intensive, fee-based services, with asset management playing an increasingly vital role, managing total assets of C$1.60 trillion as of December 31, 2025.
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