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Sun Life Reports 46% YoY Surge in New Business APE Last Year to Record High
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Sun Life announced that according to the latest provisional statistics on Hong Kong long-term insurance business for 2025 released by the Insurance Authority, full-year new business annualized premium equivalent (APE) reached HKD11.8 billion, representing a sharp YoY increase of 46% and setting a record high. The company ranked among the top five non-bank insurers in Hong Kong. Major business segments delivered strong performance in 4Q. The broker channel, agency channel and bancassurance channel all recorded significant growth. New business APE from the broker channel surged 144% YoY, retaining its market-leading position. New business APE from the agency channel increased 50% YoY, outperforming the industrys overall growth of 12% over the same period. The bancassurance channel recorded solid growth, with new business APE rising 53% YoY. (ha/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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