Sun Life quarterly profit rises on strong growth in Canada and Asian region-May 2024-www.financetom.com

Sun Life quarterly profit rises on strong growth in Canada and Asian region

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Sun Life quarterly profit rises on strong growth in Canada and Asian region

Aug 12, 2024 2:23 PM

Aug 12 (Reuters) - Sun Life Financial ( SLF ), Canada's

second-biggest life insurer, reported an 8.7% rise in

second-quarter profit on Monday, boosted by strong growth at

home and in the Asian region.

The company's underlying net income was C$1 billion ($727.59

million) in the three months ended June 30, or C$1.72 per share,

compared to C$920 million, or C$1.57 per share, a year earlier.

($1 = 1.3744 Canadian dollars)

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