Sun Life of Canada cuts insurance costs with higher dividends
Sun Life of Canada reports six straight years of reduced policy costs as $26 million in dividends will be paid in 1955, up over 1954. New life insurance sold in 1954 reached nearly $700 million, a $120 million rise, with group insurance up $68 million to $239 million. Total in force surpasses $36 billion. mortgage investments total $323 million. The company emphasizes American, Canadian, and British markets and sends copies of its 1954 annual report to policyholders.
MENTIONED IN THIS ARTICLE
Sun Life Assurance Company of Canada
George W. Bourke
United States
Sun Life
Group Insurance
Sun Life Insurance
Canada
John C. Bentley
Tobin
Sidney
Nebraska
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