September 22, 2014 11:19 PM ET

Insurance

Company Overview of Sun Life Assurance Company Of Canada

Company Overview

Sun Life Assurance Company of Canada, a diversified financial services company, provides savings, retirement and pension, and life and health insurance products to individuals and groups in Canada, the United States, the United Kingdom, and Asia. The company is headquartered in Toronto, Canada. Sun Life Assurance Company of Canada is a subsidiary of Sun Life Financial Inc.

150 King Street West

Toronto, ON M5H 1J9

Canada

Phone:

416-979-9966

Fax:

416-585-9546

Key Executives for Sun Life Assurance Company Of Canada

Chief Executive Officer
Age: 67
President
Age: 63
President of Sun Life Global Investments
President of Sun Life Financial Canada
Age: 57
President of SLF Asia
Age: 52
Compensation as of Fiscal Year 2014.

Sun Life Assurance Company Of Canada Key Developments

Sun Life Financial Canada Launches Specialty Drug Pharmacy Network in Association with McKesson Canada

Sun Life Assurance Company Of Canada is entering into a strategic business relationship with McKesson Canada to launch the Sun Life Preferred Pharmacy Network. Comprised of over 1,500 pharmacies across Canada, outside Quebec, this network will help employers and their employees manage the increasing claim costs of specialty medications. Sun Life plan members will benefit from reduced overall claim costs on specialty drugs and have access to medication counselling, home delivery of prescriptions and chronic disease management programs, such as those focused on diabetes, where available. The Sun Life Preferred Pharmacy Network will be available to employees who are covered under a Sun Life benefits plan and use their pay direct drug card to purchase specialty medications. These are drugs that can treat select conditions such as cancer, rheumatoid arthritis and hepatitis C. Plan members will have access to a dedicated website and telephone line to find a participating pharmacy in their community that carries their medication and learn more about the additional services offered through McKesson Canada and the participating pharmacies.

Sun Life Assurance Company of Canada Reports Earnings Results for the Year Ended December 31, 2013

Sun Life Assurance Company Of Canada reported earnings results for the year ended December 31, 2013. For the year, the company reported that net income attributable to the common shareholders was CAD 1.24 billion, compared to CAD 1.32 billion for the year ended December 31, 2012. Net investment income was CAD 311 million, compared to CAD 6.22 billion for the year ended December 31, 2012. Total revenue was CAD 7.69 billion, compared to CAD 15.5 billion for the year ended December 31, 2012.

Sun Life Assurance Company Of Canada, Annual General Meeting, May 07, 2014

Sun Life Assurance Company Of Canada, Annual General Meeting, May 07, 2014., at 09:00 US Eastern Standard Time.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 31, 2014
Pier-One Property
Merger/Acquisition
January 13, 2014
Sun Life Assurance Company Of Canada, Barnes Crossing Plaza
Private Placement
December 20, 2013
Arthur J Gallagher & Co.
 

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