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
The Digital Benefits Assistant is designed to prompt group clients to take advantage of the benefits available them
Acquisition of Assurant Employee Benefits business creates a leader in U.S. group benefits providing protection to more than 64,000 employers
Real estate investment advisor added to institutional investment platform
Sun Life, Manulife and Great-West Lifeco have been able to boost yields by shifting assets to longer-duration assets from public equities
Financial terms not disclosed