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Sun Life had underground operations during the Japanese Occupation which occurred between 1942 and 1945. Sun Life was the only life insurance company who paid post-war death claims amounting to USD 1.3 million even without documents attesting to the validity of the claims. In the end, all claims were found to be legitimate.
SunLife Ltd is a UK-based financial services company. Founded in 1810, the company is best known for its range of services for people aged 50 and over. SunLife currently offers over 50s life insurance and equity release in the United Kingdom.
The dental plan is managed by Sun Life Financial, [22] under a $747 million contract it signed with the federal government. [23] The management contract is for five years, and can be renewed for an additional five years at its expiry. [23] Its system was designed to process about 500,000 applications for program enrolment each month. [24]
Unum received negative attention in 2002, when California regulators fined Unum, and alleged that the company inappropriately denied long-term disability insurance claims. [29] Unum stated that "only 2% of the policyholders who filed a claim with the company last year [2001] were found not to be disabled, an amount consistent with prior ...
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Sun Life Financial announced in 2012, that it will be exiting the U.S. annuity business and focusing on its employee benefits business in the U.S. [86] On August 14, 2015, the Dolphins told the Miami Herald that Sun Life's deal would expire in January 2016, and that the team had no plans to renew, wanting to position its renovated stadium as a ...
The Sun Life Centre in Toronto, Ontario (also known as 150 King Street West) was built in 1984 to house the Toronto operations of Sun Life Financial, serving as the insurance company's global headquarters until 2017. The Sun Life Financial Tower is known as an architectural symbol of modernism, located in the heart of Toronto's financial ...
Rank Company Country Total assets (US$ Billion) 1 Allianz Germany 1,247.2 2 Berkshire Hathaway United States 958.8 3 Prudential Financial United States 937.6 4 Ping An Insurance