Sun Life Financial (SLF) is a Canadian life insurance company with a strong focus on Asia and North America. The company is benefiting from its growth in asset management and its integration of U.S. operations. SLF’s focus on emerging Asian markets and its capital-light business model are key drivers of its long-term growth strategy. The company is also seeing strong returns from its investments in private fixed-income mortgages and real estate.
Results for: Sun Life Financial
Sun Life Financial Inc. (SLF) exceeded analysts’ expectations in the second quarter of 2024, posting strong underlying net income growth fueled by robust performance in Canada and Asia. The company saw notable gains in Wealth & Asset Management and Individual – Protection segments, while the U.S. market experienced mixed results.