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Sun Life Financial (TSX:SLF.PR.I.PFD) Money Market Investments


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Money Market Investments only applies to banks.

Sun Life Financial (TSX:SLF.PR.I.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (TSX:SLF.PR.I.PFD) » Definitions » Money Market Investments
Comparable Companies
TSX:IAG BRK.A XPAR:CS XSWX:ZURN AIG MIL:G ACGL OHEL:SAMPO XTER:TLX XSWX:SLHN LSE:AV. BSP:BBSE3 XAMS:NN OCSE:TRYG EQH XAMS:AGN XAMS:ASRNL BOM:540716 BSP:CXSE3 ORI
Traded in Other Exchanges
SUNFF.PFD:USA SLF:USA SLF:Philippines LIE:Germany SLF.PR.K.PFD:Canada SLF.PR.J.PFD:Canada SLF.PR.H.PFD:Canada SLF.PR.G.PFD:Canada SLF.PR.E.PFD:Canada SLF.PR.D.PFD:Canada SLF.PR.C.PFD:Canada SLF:Canada
Address
1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6
Website
https://www.sunlife.com
Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.