Canadian insurer, Sun Life Financial has launched a single premium, whole-life insurance product for its US-based clients with a new linked benefit rider that enables owners to contribute towards vital long-term care. The new policy, named Sun Care Whole Life, can be used to pay towards in-home/assisted-living care or nursing home facilities and will hope to address the substantial number of Americans…

Sun Life Financial Inc reported that life insurance sales had fallen by 25 percent overall in its key Asian growth markets.

Indonesia-based joint venture life insurance company, CIMB Sun Life, has been honored as "Best New Company of the Year" by the International Business Awards, also known as the Stevie Awards. CIMB Group, a universal bank in Southeast Asia headquartered in Malaysia, and Sun Life Financial created the Indonesian-based joint venture CIMB Sun Life which started operations in July 2009. The joint…