Sun Life Financial profit rises on growth in Asia, wealth management

Sun Life Financial

08/05/2025 22:15

May 8 (Reuters) - Sun Life Financial SLF.TO on Thursday reported a rise in first-quarter profit, as the life insurer was helped by strength in its Asian markets and wealth management business.

The company's net income was C$928 million ($666.9 million), or C$1.62 per share, for the three months ended in March 31. That compares with a profit of C$818 million, or C$1.40 per share, last year.

($1 = 1.3916 Canadian dollars)

 (Reporting by Pritam Biswas and Jaiveer Shekhawat in Bengaluru; Editing by Anil D'Silva)

 ((Pritam.Biswas@thomsonreuters.com;))