Insurance giant Sun Life Financial reports $1.1B in Q3 profit, down year-over-year
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
TORONTO – Sun Life Financial Inc. reported $1.1 billion in net income during the third quarter, down from $1.35 billion during the same period a year earlier.
Earnings for the period ended Sept. 30 worked out to $1.97 per share, down from $2.33 per share a year ago.
The Toronto-based insurer says assets under management reached $1.6 trillion, rising by seven per cent from the same period last year.
The company also raised its common share dividend to 92 cents per share, up from 88 cents per share.
Sun Life CEO Kevin Strain says the company’s latest results reflect strong underlying net income in both Canada and Asia.
But he says U.S. businesses were “challenged.”
This report by The Canadian Press was first published Nov. 5, 2025.
Companies in this story: (TSX:SLF)