News releases

Sun Life Hong Kong wins the “Life Insurer of the Year” at “10Life 5-Star Insurance Award 2022”

Hong Kong, February 9, 2023 – Sun Life Hong Kong Limited (“Sun Life Hong Kong” or “the Company”) has recently won the “Life Insurer of the Year” at “10Life 5-Star Insurance Award 2022” hosted by insurance comparison platform 10Life, which is the highest honor of the insurance industry. Sun Life Hong Kong has also received the “5-Star Savings Insurance Award”, “5-Star Life Protection Insurance Award”, “5-Star Whole Life Critical Illness Insurance Award”, and “5-Star VHIS Award”, earning the most 5-Star awards among all insurance companies in the year 2022.

Clement Lam, Chief Executive Officer of Sun Life Hong Kong, said, “We are very glad to receive the ‘Life Insurer of the Year Award’, the highest honor of the insurance industry, outshining other 50 competitors that provide a total of over 1,300 products. Also, Sun Life Hong Kong earns the most 5-Star awards among all insurance companies in 2022, which reveals its outstanding performance across the product spectrum.”

“Along with the resumption of quarantine-free cross-border travel between China and Hong Kong, local economy and consumer sentiment will gradually improve, which will benefit the development of the insurance industry. Sun Life Hong Kong will continue to seize business opportunities in the post-pandemic era, and develop high-quality insurance products in different aspects, especially in ESG and healthcare, in order to help our clients achieve lifetime financial security and live healthier lives.”, he added.

Robin Lee, Chief Product Officer, Life and Health, Sun Life Hong Kong, said, “Sun Life Hong Kong has been dedicated to designing insurance products to address clients’ pain points. Our products are not only good value, but also provide comprehensive coverage and flexible payment plans with clear terms.”

“10Life 5-Star Insurance Award 2022”, organized by insurance comparison platform 10Life, which owns a team of professional actuaries to formulate rating criteria based on factors that matter the most to the consumers such as coverage, premium (value), and terms, etc. Actuaries will then produce the insurance rating after generating a quantitative overview of insurance products and analyzing their coverage and terms. The 10Life product scoring process is professional, without favoring any particular insurance companies. The top-rated products under each category are awarded 5-star, and the categories of “10Life 5-Star Insurance Award 2022” include “Insurer of the Year”, “VHIS”, “High-end Medical”, “Whole Life Critical Illness”, “Term Critical Illness”, “Savings”, and “Whole Life Protection”.