Sun Life launches global private wealth platform targeting Asia’s booming HNWI market

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Canadian insurer Sun Life has launched an integrated private wealth platform to serve high-net-worth individuals. According to Capgemini’s World Wealth Report, Asia’s HNWI wealth surged 10.5% to $29.7 trillion in 2025, making it the world’s fastest-growing wealth region. The insurer aims to support these wealthy clients in managing cross-border assets, with 67% of Singapore-based clients concerned about preserving wealth beyond their children’s generation. Financial institutions are racing to capture this growing clientele, with BCG forecasting that emerging economies will gain nearly $12 trillion in assets by 2030. CIMB similarly launched its own private wealth offering on July 20.

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