Business
Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong
Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kon...
About this update from Sun Life Financial Inc.
[{"type":"text","content":"\n \n \n \n Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n HONG KONG\n \n and\n \n TORONTO\n \n \n ,\n \n \n Jan. 20, 2023\n \n \n /CNW/ - Dah Sing Bank, Limited (\"Bank\") and Sun Life Hong Kong Limited (\"Sun Life\"), a subsidiary of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF), today announced an exclusive 15-year bancassurance partnership in\n \n Hong Kong\n \n (\"Bancassurance Partnership\").\n \n \n Under this Bancassurance Partnership, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing Bank's 570,000 retail banking customers to fulfill their savings and protection needs at different life stages. The partnership combines Sun Life's comprehensive and competitive suite of life and health insurance solutions, with Dah Sing's trusted brand, strong franchise, and distribution network of over 40 branches in\n \n Hong Kong\n \n . Following the completion of regulatory processes and approvals, distribution of Sun Life products is only anticipated to start in\n \n July 2023\n \n .\n \n \n Sun Life is part of a leading international financial services organization with a 130-year history in\n \n Hong Kong\n \n serving individual and group Clients with an innovative suite of life, health and wealth solutions.  Today, Sun Life is a leading provider in the retirement and High Net Worth businesses and was ranked #2 for MPF pension inflows in 2021.\n \n 1\n \n \n \n Dah Sing Bank has a solid 75-year track record as one of the leading home-grown banks in\n \n ...