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Sun Life Assurance Co. of Canada Sep 02 Product Image

Sun Life Assurance Co. of Canada Sep 02

  • ID: 2035669
  • September 2002
  • Region: Canada
  • Standard & Poors

Abstract
The insurer financial strength rating on Sun Life Assurance Co. of Canada (Sun Life) reflects the company's very strong consolidated capital strength, business profile, and operating performance. Partially offsetting these strengths are strong competitive pressures in most of the insurance markets in which Sun Life competes and susceptibility to earnings volatility in its wealth-management businesses, which is attributable to equity-market fluctuations. Sun Life is a leading provider of individual and group life, health, and retirement products in Canada. In May 2002, Sun Life Financial Services of Canada Inc., Sun Life's parent, acquired Ontario-based Clarica Life Insurance Co. (Clarica). Through this acquisition, Sun Life solidified its strong long-term market position in the Canadian insurance marketplace. In the U.S., Sun Life maintains...

Companies mentioned in this report are: Sun Life Assurance Co. of Canada,Clarica Life Insurance Co.,Sun Life Assurance Co. of Canada (U.S.),Independence Life & Annuity Co.,Keyport Life Insurance Co.,Sun Life Insurance & Annuity Co. of New York,Clarica Life Insurance Co. - U.S.,Keyport Benefit Life Insurance Co.,Sun Life READ MORE >

Sun Life Assurance Co. of Canada,Clarica Life Insurance Co.,Sun Life Assurance Co. of Canada (U.S.),Independence Life & Annuity Co.,Keyport Life Insurance Co.,Sun Life Insurance & Annuity Co. of New York,Clarica Life Insurance Co. - U.S.,Keyport Benefit Life Insurance Co.,Sun Life Assurance Co. of Canada (U.S. branch),Clarica Life Insurance Co. (U.S. branch)

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