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Sun Life Grepa Financial Inc (Philippines)

Main Activities: Direct Life Insurance Carriers
Full name: Sun Life Grepa Financial Inc Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Sun Life Grepa Financial, Inc. is a life insurance company in the Philippines formed as a joint venture between Sun Life Philippines, part of an international financial services group, and the Yuchengco Group of Companies through Rizal Commercial Banking Corporation. The company provides a broad range of life and health insurance and investment-linked products designed for individual and corporate clients, including term and whole-life plans, savings and education policies, retirement and estate preservation solutions, medical and critical illness coverage, accident and hospitalization plans, and group insurance and healthcare solutions for employers. Its products are distributed through multiple channels: a traditional agency force, bancassurance arrangements utilizing RCBC's nationwide branch network, and group account management teams serving corporate and institutional clients. Sun Life Grepa also offers credit life and related protection products that support the lending and deposit programs of its banking partner. The company's operations combine insurance underwriting, investment management of policyholder and fund assets, and customer service delivered via physical customer touchpoints and digital platforms. Strategically, Sun Life Grepa positions itself as a partner for long-term financial security and protection, focusing on financial planning, customer education, and tailored solutions for different life stages. It seeks to leverage the brand strength of Sun Life, the distribution reach of RCBC, and the Yuchengco Group's presence in banking and financial services to expand penetration of life and health insurance among the growing middle-income and small and medium enterprise segments in the Philippines.

Legal Address
6th Floor, Grepalife Building, 221 Senator Gil J. Puyat Avenue, Makati City
Makati; National Capital Region; Postal Code: 1200

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Website: http://www.sunlifegrepa.com

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
January 19, 1954
Key Executives
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Chairman
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President
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Other
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Other
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Other
Ownership Details
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51%
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49%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
47.91%
Total operating revenue
47.91%
Operating profit (EBIT)
-10.79%
EBITDA
-10.79%
Net Profit (Loss) for the Period
-13.5%
Total assets
16.85%
Total equity
21.28%
Operating Profit Margin (ROS)
-5.19%
Net Profit Margin
-4.4%
Return on Equity (ROE)
-6.23%
Debt to Equity Ratio
-0.61%
Quick Ratio
0.7%
Cash Ratio
0.37%

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