We understand COVID-19 is not merely a health issue - it has dramatically altered our daily lives and posed enormous impacts on the global economy. Sun Life Hong Kong Limited is as strong as ever and we’re here for you, as always.
Our strengths are:
- We have been assigned “AA-” long-term issuer credit and financial strength ratings by S&P Global Ratings (As of May 1 2020). The ratings indicate that we are well prepared to meet our financial obligations.
- We remain well capitalized and are operating well above the regulatory minimum solvency level. It is also our principle to maintain strong capital and solvency buffers which will enable a strong and stable operation in the event of unexpected and extreme developments in the markets.
- Sun Life Assurance Company of Canada, our parent company, has ratings of AA by Standard and Poor’s and Aa3 by Moody’s. (As of May 1, 2020)
- The Life Insurance Capital Adequacy Test (LICAT) ratio of Sun Life Assurance Company of Canada is 130%, well above the minimum. (As of March 31, 2020)
