Sun Life profit rises on Canada business strength

Sun Life Financial

04/11/2024 22:03

Nov 4 (Reuters) - Sun Life  SLF.TO  reported a rise in
third-quarter profit on Monday as Canada's second-largest life
insurer benefited from robust growth in its domestic business.
    The company's underlying net income was C$1.02 billion
($733.76 million), or C$1.76 per share, in the three months
ended Sept. 30, compared with C$930 million, or C$1.59 per
share, a year earlier.

($1 = 1.3901 Canadian dollars)

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Maju
Samuel)
 ((ArasuKannagi.Basil@thomsonreuters.com;))