Insurer suffered an overall net loss of $621 million in the third quarter
Quarterly loss is the first for the insurer in two years
Sun Life Financial named CARP’s recommended financial services partner
Outlook on Canadian ratings changes to negative
Losses related to substantial declines in both equity markets and interest rate levels
Investment business to join MFS Investment Management; mutual fund business will move to Sun Life Global Investments
Outlook revised to stable
Insurance penetration is currently low
Website helps consumers consider finances, lifestyle issues
Former HSBC officer has international experience in Asia and the UK