Sun Life's quarterly profit rises on strong Asia unit performance
Feb 11 (Reuters) - Canada's Sun Life Financial SLF.TO reported a jump in fourth-quarter profit on Wednesday, 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$722 million ($532 million), or $1.29 per share, for the three months ended December 31, compared to C$237 million, or 41 Canadian cents per share, a year earlier. ($1 = 1.3569 Canadian dollars) (Reporting by Ateev Bhandari in Bengaluru; Editing by Sriraj Kalluvila) ((Ateev.Bhandari@thomsonreuters.com;))
Recent news on Sun Life Financial
See all newsBrief: Sun Life Global Investments Lowers Fees For Sun Life Mfs International Value And Global Value Funds And Sun Life ETF+ Portfolios
India insurance regulator to oversee smooth transition to new commission rules, chairman says
Brief: Sun Life Financial Says Ocehan LLC Made An Unsolicited Mini-Tender Offer
Brief: Sun Life Announces Intention To Redeem Series 2021-1 Subordinated Unsecured 2.46% Fixed/Floating Debentures
Carney, locked in US trade war, pitches Canada to global investment titans (updated)