The collaboration will see Sun Life working with startups developing technology in the areas of finance and health
Doug Kechnie had sued the life insurer claiming it improperly cut off commissions that were scheduled to be paid out over 10 years
Following in Great-West Life’s and Canada Life’s footsteps, the two insurance giants are looking to put sales incentive programs, such as all-expenses-paid trips, in the past
Sun Life will buy all remaining shares of PT CIMB Sun Life and deepen a bancassurance agreement with PT Bank CIMB Niaga
Digital tool automates group retirement savings plan enrolment
The insurer has entered into an annuity buy-in transaction with two unnamed Canadian pension plan sponsors
Randy Brown will take over the position from Steve Peacher, who will now focus solely on his role as president of the firm’s institutional investment-management business
With the acquisition of about $340 million in Birla Sun Life Insurance shares, Sun Life will now own 49% of the firm, up from 26%
But the court wants more evidence on the claims of policyholders who bought two types of UL policies
The case, which relates to four universal life insurance products the firm inherited through an acquisition, is seeking a total of $2.5 billion in damages