|SunLife Philippines building on BGC Taguig|
Even amid multiple crises the country faced last year, Sun Life Philippines (Sun Life) fulfilled its commitment to clients and paid around PHP 6.5 billion in death and living benefits.
“The payout of claims and maturities bring to life our promise to be here for our clients, especially during the most challenging of times,” Sun Life Philippines CEO & Country Head Benedict Sison said. “They can trust that Sun Life will always be here as their partner for life.”
Meanwhile, Sun Life also maintained its leadership in the insurance industry for the 11th consecutive year, finishing 2021 with a total of PHP 45.46 billion in Total Premium Income. This is according to reports released by the Insurance Commission based on submitted unaudited Quarterly Reports on Selected Financial Statistics.
Apart from leading the life insurance industry in premium income, Sun Life’s consistent performance in the industry metrics of New Business Annual Premium Earnings, Assets, Net Income, and Net Worth over the years demonstrates its strength, stability, and resilience amidst uncertain times.