October 22, 2016 10:59 PM ET


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 insurance products to individuals and groups in Canada, the United States, the United Kingdom, and Asia. It operates through Sun Life Financial Canada, SLF U.S., and Sun Life Financial Asia segments. The company offers various insurance products, such as health, life, travel, car and home, mortgage protection, family, and workplace health and benefit insurance, as well as insurance solutions to associations and affinity groups, banks and credit unions, and educational institutions or organizations. It also provides investment products and solutions, such as savings, r...

150 King Street West

Toronto, ON M5H 1J9


Founded in 1868





Key Executives for Sun Life Assurance Company Of Canada

Chief Executive Officer, Director and Chief Executive Officer of Sun Life Financial Inc
Age: 69
Chief Financial Officer and Senior Vice-President
President of Sun Life Financial Canada
President of Sun Life Financial Canada
Age: 59
President of SLF Asia
Age: 54
Compensation as of Fiscal Year 2016.

Sun Life Assurance Company Of Canada Key Developments

Sun Life Financial Inc., Sun Life Assurance Company Of Canada - Shareholder/Analyst Call

Annual meeting of common shareholders

Sun Life Assurance Company Of Canada, Annual General Meeting, May 11, 2016

Sun Life Assurance Company Of Canada, Annual General Meeting, May 11, 2016, at 09:00 US Eastern Standard Time.

Sun Life Assurance Co. of Canada Loses Appeal to Dismiss Emergent Capital Inc.'s Countersuit

An appeal by Sun Life Assurance Co. of Canada seeking to throw out an Emergent Capital Inc. (EMG) countersuit alleging fraud and breach of contract has been rejected. The thwarted appeal means that the case brought by Emergent will go forward in U.S. District Court in West Palm Beach, Fla. The decision was reached Dec. 17 by the U.S. Court of Appeals for the 11th Circuit in Atlanta. Sun Life and its law firm, Drinker Biddle & Reath LLP, filed the appeal on May 27. Sun Life sued Emergent, previously known as Imperial Holdings Inc., in April 2013 for allegedly orchestrating a stranger-originated life insurance scheme in which policies are taken out by investors lacking insurable interest. It alleged Emergent induced elderly persons to buy policies while denying on insurance applications that it would provide premium financing to pay for them. When the insured persons defaulted on the loans, the policies went to Emergent. The insurance company had accused Emergent of racketeering and fraud in connection with at least 28 life insurance policies with more than $126 million in face value. A federal judge dismissed five of the seven counts in an amended complaint in December 2014 and the remaining two counts after that. After Sun Life sued Emergent, the life settlement investor hit back and filed a countersuit alleging Sun Life committed fraud and breached its contract by failing to disclose it might challenge the policies after the two-year contestability period ended. Sun Life sought to dismiss the complaint, arguing it is immune from the lawsuit based on Florida's litigation privilege, which immunizes litigants from lawsuits for any act occurring during a judicial proceeding. The district court denied Sun Life's motion, and it then appealed to the appellate court. Emergent filed a motion to dismiss the appeal for lack of appellate jurisdiction. The appellate court agreed and thus granted Emergent's motion to dismiss.

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