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Sun Life Financial (TSX:SLF.PR.C.PFD) Other Long-Term Liabilities


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What is Sun Life Financial Other Long-Term Liabilities?

Other Long-Term Liabilities does not apply to banks and insurance companies.

Sun Life Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sun Life Financial Inc (TSX:SLF.PR.C.PFD) » Definitions » Other Long-Term Liabilities
Comparable Companies
TSX:IAG TSX:BNT BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG MIL:G ACGL XSWX:SLHN OHEL:SAMPO XTER:TLX LSE:AV. EQH OCSE:TRYG XAMS:NN BSP:BBSE3 BOM:540716 XAMS:AGN XAMS:ASRNL
Traded in Other Exchanges
SUNFF.PFD:USA SLF:USA SLF:Philippines 0VJA:UK LIE:Germany 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: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 30% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the fourth quarter of 2023. The Canada business contributes about 35% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributed approximately 22% 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 13% of earnings.