Sun Life Financial facilitating access to local benefit programs around the world through partnership with Generali Employee Benefits Network.TORONTO -- Sun Life Financial Inc. (NYSE NYSE See: New York Stock Exchange :SLF SLF Super Low Frequency (30-300 Hz; 10,000-1,000 km) SLF Self SLF Statens Landbruksforvaltning (Norwegian Agricultural Authority) SLF Sveriges Läkarförbund SLF Saalfeld )(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SLF). Sun Life Assurance Company of Canada is pleased to announce it has reached an agreement with Assicurazioni Generali Assicurazioni Generali S.P.A. is the largest insurance company of Italy.[1] It is headquartered in Trieste. Under the name of Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche, the company was founded on December 26, 1831. SpA to be the exclusive Canadian member of the Generali Employee Benefits (GEB Geb or Keb In ancient Egyptian religion, the god of the earth and the physical support of the world. Geb and his sister Nut belonged to the second generation of deities at Heliopolis. ) Network, enabling Sun Life Financial to facilitate access to local benefit programs in more than 70 countries. The GEB Network, established in 1966, is a strategic business unit within the Generali Group, one of the largest insurance companies in the world, based in Trieste, Italy. With a presence in 76 countries, GEB Network is one of the leading networks in the world, offering access to a range of innovative and leading edge benefits solutions for multi-national employers. "Canada is a pivotal country for the Generali Employee Benefits Network," said Mauro Dugulin, Senior Vice-President, Generali Group. "In order to service our international clients, we need a strong and reliable local partner company. Given its leading position and excellent reputation in the Canadian employee benefits market, we are delighted to have Sun Life Financial represent the Network on an exclusive basis in Canada." Through the GEB Network, Sun Life Financial Group Benefits customers will have access to employee benefits experts from providers around the world to help them navigate the legal, technical and social issues related to benefits. In addition to its participation as Canadian provider, Sun Life Financial is also the GEB Network's exclusive provider in the US and India. This new partnership is a key component of Sun Life Financial's strategy to build on its own international benefits capabilities through complementary strategic alliances. That strategy includes offering customers a wide range of group benefits solutions for expatriates, inpatriates, third country nationals and foreign nationals as well as their local Canadian employees. "Our exclusive Canadian partnership with GEB Network extends our own international benefits capabilities significantly," said Brigitte Parent, Vice-President, Group Benefits, Sun Life Financial. "It means we can go beyond the ordinary and develop solutions that are tailor-made for each employer, whether they're national or global." The GEB Network also offers global employers the advantages of multinational pooling. These innovative funding arrangements combine the benefit plan experience of a company's local subsidiaries in various countries into a single, global pool. This helps reduce costs for the company's international benefits programs and provides greater financial control. About Sun Life Financial Sun Life Financial is a leading international financial services organization providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. Tracing its roots back to 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of September 30, 2004, the Sun Life Financial group of companies had total assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. of $355.4 billion. Sun Life Financial Inc. trades on the Toronto (TSX), New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (NYSE) and Philippine (PSE PSE 1. pale soft exudative pork. 2. portosystemic encephalopathy. ) stock exchanges under ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors SLF. |
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