Malaysia is Sun Life Financial’s most recent country of operation, having entered through acquisition in April 2013. We partnered with Khazanah Nasional Berhad to acquire CIMB Aviva, consisting of the 2 companies CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad. We each own 49% and the CIMB Group holds the other 2%. The name of the company is Sun Life Malaysia and it consists of Sun Life Malaysia Assurance Berhad and Sun Life Malaysia Takaful Berhad.
This is an exciting partnership that brings together Sun Life's insurance expertise with 2 of the most highly regarded organizations in Malaysia and the region. Khazanah is Malaysia's strategic investment fund, known for its strong track record. CIMB Group is one of the region's largest banks and will provide distribution reach through exclusive rights to distribute insurance products through the 312 branches and 8 million customers of CIMB Bank nationwide.
Together our goal is to build a leading life insurance operation in Malaysia, providing a range of products and services, including takaful products, which will help us develop long-term relationships with customers as we help them achieve their financial goals and security.
For more information, read our news release.
- Individual life insurance
- Family takaful
You can find out more about Sun Life Malaysia or reach our office in Malaysia:
Sun Life Malaysia Assurance Berhad
Sun Life Malaysia Takaful Berhad
Level 11, 338 Jalan Tuanku Abdul Rahman
50100 Kuala Lumpur