Sun Life Doing Robust Business in Variable Annuities

Canada’s third largest life insurer, Sun Life Financial, is making news this week. First the company announced its interest in a U.S. acquisition, and then its stateside chief executive said that it’s doing a robust business in variable annuities... This should make investors, as well as the rest of the insurance market, sit up and take notice, since variable annuities have been nothing but a black eye for many insurers. In contrast, Sun Life Financial U.S. President Wes Thompson told National Underwriter that sales were up 64 percent to $2.5 billion this year over last year... BNet: Sun Life Doing Robust Business in Variable Annuities