Variable Unit-Linked, or VUL, insurance was introduced in the Philippines in the early 2000s, offering something new in the market. With this, people could secure life insurance protection while having the opportunity to participate in market-linked funds. Over time, this dual feature led to some...
Bloomberry Resorts Corp. reported a 95-percent plunge in consolidated net income for the first nine months of the year on the back of ballooning losses in the third quarter as the international high-roller market remains weak while expenses increased for its new online gaming business. In a...
Ports, gaming, and infrastructure magnate Enrique K. Razon Jr. has found a buyer for his casino in South Korea, Jeju Sun Hotel & Casino, which is owned through an indirect subsidiary of Bloomberry Resorts Corp. In a disclosure to the Philippine Stock Exchange (PSE), Bloomberry said its South...
When Benedict Sison took the helm of Sun Life Philippines, he inherited more than just a business – he became the custodian of a 130-year legacy that has touched generations of Filipino families. Leading the nation 's longest-standing life insurer requires a unique blend of reverence for the...
Sun Life of Canada (Philippines), Inc. maintained its lead in the domestic life insurance industry, posting ₱28.9 billion in premium income in the second quarter of the year. In a statement, the local unit of Sun Life of Canada, Inc. reported that premium earnings were nearly double the...
While nearly seven in 10 Filipinos feel more secure about their short-term finances, confidence in meeting future financial needs has declined as long-term goals are viewed as less urgent. According to Sun Life Asia’s latest Financial Resilience Index published last Friday, Aug. 15, 66 percent of...
Sun Life of Canada (Philippines), Inc. (Sun Life) has once again claimed the top position in the Million Dollar Round Table (MDRT) in the Philippines for 2025 on the back of its continued commitment to excellence and client service. The recognition, the insurer stated, highlighted the exceptional...
Sun Life Philippines is the country’s first and longest-standing life insurance provider that offers financial advice, life insurance products, health-focused products, and investment products. The company has received several awards and recognitions from various local and regional award-giving...
Sun Life Philippines, the local unit of Sun Life of Canada, Inc., led the life insurance industry in the first quarter of 2025 by posting a premium income of ₱15.1 billion — the highest total premium recorded across the sector during this period, the company announced Tuesday. “This...
National Women’s Month is coming to a close, yet it’s never too late to shine a spotlight on the women who are making remarkable strides in their respective fields. At the helm of Sun Life Philippines are two women whose vision and leadership are not only transforming the organization, but also...
Bloomberry's expansion with Solaire North impacted its 2024 financial results, with increased expenses offsetting revenue gains. Razon-led integrated gaming resorts owner Bloomberry Resorts Corp. reported a 72.6 percent drop in consolidated net income to ₱2.6 billion last year from the...
The Philippines’ recent exit from the global money-laundering watchlist is the “biggest” breakthrough that would push the country further towards achieving an “A” credit rating, according to the top executive of the local trust arm of Canadian insurance giant Sun Life. Speaking to...
