Sun Life of Canada (Philippines) Inc. remains the number one 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.”
Narciso recounted how the Sun Life advisors rallied to serve more clients in 2017, despite some challenges presented by the market. “In fact, in the last quarter of 2017, our advisors settled P2 billion in Annualized First Year premium—the company’s highest in the past five years,” he said.