- CEO
- Timothy Deacon
- Full Time Employees
- 31,768
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Address
- 1 York Street Toronto ON Canada M5J 0B6
- IPO Date
- Jun 25, 2021
- Business
- Sun Life Financial Inc. Sun Life Financial Inc. is a leading international financial services company that provides a comprehensive range of life insurance, health insurance, wealth management, asset management, and retirement solutions to individual and corporate clients. Founded in 1865 and headquartered in Toronto, Ontario, Canada, the company operates through five primary segments—Asset Management, Canada, U.S., Asia, and Corporate—with geographic presence spanning Canada, the United States, the United Kingdom, Hong Kong, Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, Bermuda, Ireland, and other markets worldwide. Its core products and services include term, permanent, universal, and whole life insurance; personal and group health coverage encompassing prescription drugs, dental, vision care, critical illness, long-term care, and disability insurance; investment products such as mutual funds, segregated funds, guaranteed investment certificates, annuities, and guaranteed investment funds; group benefits including life, supplemental health, absence management, stop-loss, and employee assistance programs; asset management offerings like pooled funds, institutional portfolios, pension funds, real estate services, private equity, mezzanine debt, direct lending, high-yield bonds, syndicated loans, fixed income, infrastructure, and alternative credit strategies; as well as financial planning, retirement advisory, reinsurance, and trust services. In recent developments, Sun Life formalized its asset management pillar under unified leadership in 2025 to integrate public and private capabilities, accelerate growth across insurance, wealth, and asset management businesses, and enhance synergies with insurance operations, surpassing $1.6 trillion in assets under management as Canada's largest asset manager; the company also announced a quarterly common share dividend increase to CA$0.92 per share in November 2025 and continues to pursue strategic partnerships, such as long-term asset management collaborations in North America for credit origination diversification.