According to the latest report from the Insurance Commission, Sun Life of Canada (Philippines), Inc. posted a premium income of P39.27 billion, making it the number one insurance company in the country.
Outperforming its closest contender by P8 billion in total premiums, this is the 10th straight year that Sun Life has maintained its leadership in the industry.
“We dedicate this milestone to our clients whose trust and support motivated us to keep excelling and innovating,” says Sun Life of Canada (Philippines), Inc. president Alex Narciso. “We also share this with our advisors and employees who remained faithful to our mission despite all the challenges we faced last year.”
Sun Life’s success in 2020 was made possible by its quick adaption to the new environment, where it launched various digital innovations to serve its clients continuously.
“Today, our commitment remains as strong as ever. We are here to be the Filipinos’ partner for life as they strive to achieve lifetime financial security and live healthier lives in this new landscape,” says Sun Life Philippines CEO and country head Benedict Sison. “We will never tire of discovering the best solutions and services that will enable them to secure their future.”
Apart from retaining the number one spot in the insurance business, Sun Life was also voted last year as the Filipino people’s most trusted insurance brand in Campaign Asia’s “Top 100 Brands in the Philippines” survey. Sun Life was the only insurance company to land on the list among other brands in various categories.
