Thursday, August 6, 2015

Sun Life Financial Inc. - SLF.t

Sun Life Financial Inc. - SLF.t offers life insurance, health, dental and disability insurance, education savings, medical insurance, investing and retirement planning services, annuities, and a host of other financial security products, specifically designed for various life stages and goals.




On August 5, 2015 the company released Numbers

"Second Quarter 2015 Financial Highlights

Operating net income(1) of $731 million or $1.19 per share, compared to $488 million or $0.80 per share in the second quarter of 2014.
Reported net income of $726 million or $1.18 per share, compared to $425 million or $0.69 per share in the same period last year
Underlying net income(1) of $615 million or $1.00 per share(1)(2) in the second quarter of 2015, compared to $499 million or $0.81 per share in the second quarter of 2014

Operating return on equity(1) ("ROE") of 16.5% and underlying ROE(1) of 13.9% in the second quarter of 2015, compared to operating ROE of 12.6% and underlying ROE of 12.9% in the same period last year

Quarterly dividend declared of $0.38 per share
Minimum Continuing Capital and Surplus Requirements ratio for Sun Life Assurance Company of Canada of 223%

"We are pleased to report a strong quarter, driven by excellent execution across all four growth pillars," said Dean Connor, President and Chief Executive Officer, Sun Life Financial. "We achieved strong results in our Canadian business, delivered good results in MFS, continued Asia's steep growth trajectory, and made good progress in the U.S. Our insurance sales increased by 8% and wealth sales by 25% over the second quarter of 2014. In addition to business momentum, we also benefited from market impacts, particularly from interest rates and currency.”
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