Sun Life Financial Inc
Company Profile
Business description
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 38% of adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 20% of the firm’s adjusted earnings in 2024. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.1 trillion total assets under management or administration at the end of 2024 and represents around 34% of the firm’s earnings.
Contact
1 York Street
31st Floor
TorontoONM5J 0B6
CANT: +1 416 979-9966
Sector
Financial Services
Stock type
Cyclical
Industry
Insurance - Diversified
Fiscal Year End
Employees
31,768
Stocks News & Analysis
stocks
Another incredible quarter from Microsoft
stocks
10 best US dividend aristocrats to buy now—including a surprise outperformer
stocks
Leading ASX players in this field look materially overvalued
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,917.10 | 81.90 | -0.91% |
CAC 40 | 7,546.16 | 225.81 | -2.91% |
DAX 40 | 23,425.97 | 639.50 | -2.66% |
Dow JONES (US) | 43,588.58 | 542.40 | -1.23% |
FTSE 100 | 9,068.58 | 64.23 | -0.70% |
HKSE | 24,507.81 | 265.52 | -1.07% |
NASDAQ | 20,650.13 | 472.31 | -2.24% |
Nikkei 225 | 40,799.60 | 270.22 | -0.66% |
NZX 50 Index | 12,729.40 | 94.34 | -0.74% |
S&P 500 | 6,238.01 | 101.38 | -1.60% |
S&P/ASX 200 | 8,662.00 | 80.80 | -0.92% |
SSE Composite Index | 3,559.95 | 13.26 | -0.37% |