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DBRS confirms Sun Life
DBRS said it confirmed Sun Life Financial Inc.’s issuer rating and senior unsecured debentures rating at A, as well as its subordinated unsecured debentures rating at A (low) and preferred shares rating at Pfd-2.
The agency also confirmed Sun Life Assurance Co. of Canada’s issuer rating at AA (low), as well as its subordinated debt rating at A (high).
DBRS said the confirmation considers the company’s excellent franchise, which reflects its position among the top three insurance and financial services companies in Canada.
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