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Sun Life Philippines awaiting new rule to diversify overseas

Sara Velezmoro
Constrained by tight regulation, the life insurer has been unable to invest in offshore assets. Its CIO hopes a new rule later this year will allow it to start doing so.
Sun Life Philippines awaiting new rule to diversify overseas

Sun Life of Canada Philippines, the country's second-largest life insurer by assets, hopes it will finally be able to increase its exposure to risky assets by the end of the year following the introduction of a new regulation to loosen strict investment restrictions.

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