| Business Summary | | Sun
Life
Financial
Services
of
Canada
Inc.
is
the
new
holding
company
for
Sun
Life
Assurance
Company
of
Canada.
The
Sun
Life
Financial
group
of
companies
operates
in
key
markets
around
the
world.
Major
operating
activities
are
handled
by
national
offices
in
Canada,
the
United
States,
the
United
Kingdom,
the
Philippines
and
Hong
Kong.
The
Company
has
recently
entered
into
a
joint
venture
in
India,
and
is
poised
to
enter
into
a
joint
venture
in
The
People's
Republic
of
China.
Sun
Life
Assurance
Company
of
Canada,
together
with
its
consolidated
subsidiaries,
operates
two
principal
businesses.
The
Wealth
Management
Business
of
the
Company
comprises
all
of
the
Company's
asset
management,
mutual
fund,
pension,
annuity
and
trust
and
banking
operations,
while
the
Protection
Business
comprises
the
Company's
insurance,
or
protection,
operations,
including
its
individual
life,
group
life
and
health
insurance
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sun
Life
Fin'l.
provides
a
wide
range
of
savings,
retirement,
pension
and
life
and
health
insurance
products
and
services
to
individuals
and
corporate
customers.
For
the
six
months
ended
6/30/01,
revenues
rose
5%
to
C$8.28
billion.
Net
income
applicable
to
Commom
rose
93%
to
C$414
million.
Revenues
reflect
increased
premium
and
fee
income.
Earnings
also
benefitted
from
the
favorable
morbidity
experience
in
the
Group
Health
operation. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Donald Stewart | Chairman,
CEO | C. James Prieur | Pres,
COO | Gregory Gee | Vice
Chairman | Paul Derksen | Exec.
VP, CFO |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|