Between late summer and year-end 1871, Sun issued $404,000 in policies.
According to the company's web-based history, the structure allowed the company to develop quickly and compensate agents in a manner that helped further stimulate growth. Six years later the parent company became Sun Mutual Life Insurance Company of Montreal, operating as a joint-stock enterprise. Sun Life Financial Inc.'s earliest predecessor, Sun Insurance Company of Montreal, was chartered in 1865 subsidiary Sun Life Assurance was also incorporated that year. In addition to life insurance, the company offers a range of wealth management and protection products to both corporations and individuals.
A leading Canadian insurer, the diverse financial services operation also serves customers in the United States, Asia, and the United Kingdom. ranks among the top North American publicly traded life insurance companies, in terms of market capitalization. NAIC: 525910 Open-End Investment Funds 524113 Direct Life Insurance Carriers 524114 Direct Health and Medical Insurance Carriers 525110 Pension Funds 551112 Offices of Other Holding Companies Stock Exchanges: Toronto New York Philippine Incorporated: 1865 as Sun Insurance Company of Montreal
