Sun Life's second-quarter profit rises on growth in Asia, wealth management unit

Sun Life Financial

07/08/2025 22:06

Aug 7 (Reuters) - Canada's Sun Life Financial SLF.TO reported a jump in second-quarter profit on Thursday, driven by strong growth in its Asia unit and solid performance in its wealth management division.

The country's second-largest life insurer posted net income of C$716 million ($520.88 million), or C$1.26 per share, for the three months ending June 30, compared to C$646 million, or C$1.11 per share, a year earlier.

($1 = 1.3746 Canadian dollars)

 (Reporting by Prakhar Srivastava in Bengaluru; Editing by Tasim Zahid)

 ((Prakhar.srivastava2@thomsonreuters.com;))