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Sun Life 1st year premiums up 36%.
Byline: Ann Rozainne R. Gregorio
SUN LIFE Financial Philippines (Sun Life) said its first year premiums rose by more than a third in the first quarter.
"Our first year premiums increased by around 36% in the first quarter from last year," said Sun Life Financial Philippines President and Chief Executive Officer Rizalina G. Mantaring in an interview last Monday on the sidelines of a forum in Makati City.
Sun Life's first year premiums - premiums due on the first year a policy is in force - amounted to P3 billion in the first quarter last year.
"The increase can still be attributed to the successful execution of our operations," Ms. Mantaring said, …
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