Sun Life Financial's US business group has introduced a new Stop-Loss Cancer rider, to help employers better protect themselves and their employees against the costs of cancer treatment. The insurer said that the rider offers an enhanced ...
Tags: Sun Life, Cancer Costs
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
Sun Life Financial’s Employee Benefits Group has rolled out two group voluntary accident insurance plans, which enable employers to select the benefit schedules that meet the demographic and budgetary needs of their employees. The ...
Tags: Sun Life, Insurance Products
Canada-based Sun Life Financial has forayed into the Malaysian insurance market with the launch of a new joint venture between Khazanah Nasional and CIMB Group Holdings to offer services in the country. Sun Life Malaysia Assurance and Sun ...
Tags: Sun Life, Insurance Market
The New York Department of Financial Services (NYDFS) has approved the purchase of Sun Life Financial’s US annuity business by Delaware Life Holdings. Delaware Life Holdings is owned by shareholders of Guggenheim Partners, a ...
Tags: Delaware Life, Sun Life
Sun Life Financial has reported operating net income from continuing operations of $448m for the first quarter of 2013, compared to $437m during the comparable period last fiscal. Reported net income from continuing operations stood at ...
Tags: Sun Life, Financial report
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
Canada-based Sun Life Financial and Khazanah Nasional in Kuala Lumpur have completed the acquisition of CIMB Aviva Assurance and CIMB Aviva Takaful after receiving regulatory approvals in Malaysia and Canada. CIMB Aviva Assurance is a ...
Tags: Sun Life, CIMB Aviva
Sun Life Financial's Employee Benefits Group is offering Group Dental plans with United Concordia's Alliance PPO network to the customers, effective from 01 March 2013. The new arrangement offers 27% more dental provider access points to ...
Tags: Sun Life, Group Dental plans, insured plans
PVI Sun Life Insurance has received regulatory approval from both Vietnam and Canada regulators to operate its life insurance business in Vietnam. Set up as a joint venture (JV) between PVI with 51% stake and Sun Life Assurance Company of ...
Canada-based Sun Life Financial and Malaysian investor Khazanah Nasional are planning to acquire life insurer CIMB Aviva in Malaysia, in a deal valued at MYR1.8bn ($596m). Both firms will jointly purchase 98% of the life insurer in order ...
Tags: life insurer, CIMB Aviva, financial services markets, insurance company
Allianz Life Insurance Company of North America has appointed Steve Thiel as the vice president of actuarial reporting and analysis, for timely reporting of actuarial balances while analyzing the financial performance. Serving as ...
The US business group of Sun Life Financial has established a dedicated Small Business Center, offering brokers and their clients' access to life, disability, and dental products for employee groups with 2-24 people. The firm said that ...
Tags: Sun Life Financial, brokers, clients, life products, disability products
Sun Life Financial has introduced a flexible set of voluntary group disability insurance options, including Voluntary Short Term Disability (VSTD) and Voluntary Long Term Disability (VLTD) for workers. According to life insurer, the ...
Aviva has shortlisted Prudential and Manulife from the four potential buyers, which were selected from a second stage of bidding for Aviva's insurance business in Malaysia. The Malaysian underwriting business of Aviva is expected to fetch ...