Sun Life Seeking Deals In Asia To Grow In Existing Markets, CEO Says

TORONTO: Sun Life Financial, Canada’s second-biggest life insurance company, is looking for acquisitions in Asia to build scale in its existing markets, its chief executive said on Thursday.

“We continue to look for opportunities, whether it’s (bancassurance) or acquiring other insurance businesses in Asia to give us more scale in the markets in which we already operate,” CEO Dean Connor said at the online Scotiabank Financials Summit. “We’re happy with the eight markets we’re in now.”