Sun Life Pays Over P2 Billion in Claims in Philippines, Fulfilling Client Promises

MANILA, Philippines — Sun Life of Canada (Philippines) Inc. has disbursed over P2 billion in claims and P1.4 billion in policy maturities from January to May 2026, demonstrating its commitment to fulfilling promises to its clients. This follows the disbursement of more than P5.25 billion in claims in 2025, providing financial support to clients when they needed it most. The total amount comprises claims paid across Sun Life’s individual and group insurance businesses, as well as its bancassurance operations through Sun Life Grepa Financial Inc. throughout 2025. The firm also paid P3.17 billion in policy maturities in the past year. “Every claim we pay represents a promise fulfilled to a client or family who counted on us during an important moment in their lives,” Sun Life Philippines country head and CEO JJ Moreno said. “It reflects our commitment to providing financial support when it matters most,” Moreno added. Sun Life said claims and maturity payments reflect the company’s enduring role in providing financial support and peace of mind through life’s important moments. The insurer booked P61.81 billion premium income as of end-December 2025, according to its unaudited financial statement posted on the Insurance Commission’s website. It also reported a net income of P10.23 billion last year. The insurance sector in the Philippines continues to grow, driven by economic development and increasing awareness of financial planning among Filipinos. The substantial payouts by major insurers like Sun Life contribute to building trust and confidence in the financial services industry, which is vital for long-term economic stability and individual well-being.