Sun Life remains top insurer in Philippines

MANILA, Philippines — Sun Life of Canada (Philippines) Inc. remains to be the No. 1 life insurance company in the Philippines, according to a report released by the Insurance Commission.

Sun Life sustained its leadership for the seventh consecutive year after attaining the highest total premium income in 2017 of P32 billion.

“This milestone is one we attribute to our clients, whose trust and support inspire us to keep improving and innovating,” Sun Life of Canada (Philippines) Inc. president Alex Narciso said. “We also have our advisors, employees and partners to thank, for it is through their hard work and passion that we are able to touch the lives of more Filipinos.”

The previous year saw the Sun Life Group of Companies growing its client base to over three million, while its advisory force is now over 11,000 strong. “We are on track to realizing our RI5E PH vision of having five million clients by 2020,” Sun Life Philippines CEO and country head Riza Mantaring said. “We are happy to see a growing appreciation for financial planning among Filipinos and this is a big step towards ensuring a brighter future for themselves and our country as a whole.”