SUN Life Grepa Financial Inc. (Sun Life Grepa) continues to build on its strong performance, posting solid gains across key metrics in the first quarter of 2026.
The company now ranks 7th in Total Premium Income and 5th in New Business Annual Premium Equivalent Income (NBAPE), outpacing industry averages in both revenue growth and new business generation.
Sun Life Grepa recorded a 79 percent year-on-year increase in total premium income, a significant jump that reflects the combined strength of its affinity marketing and bancassurance channels.
New business growth was even more pronounced. NBAPE surged 160 percent year-on-year, the company’s strongest showing in this category to date. The result points to something beyond retention — Sun Life Grepa is actively drawing in new clients, particularly in segments that have historically had limited access to life insurance.
Two key drivers fueled this expansion. The deepening partnership with a strategic affinity partner has enabled wider reach into underserved communities. At the same time, the continued alignment of bancassurance programs with its partner bank has deepened engagement within the premium banking segment.
Despite volatile market conditions, the company remains profitable and stable with solid operational performance and strong capital position in the first quarter.