Sun Life Financial (TSE:SLF) has released an update.
Sun Life Financial reported a solid second quarter in 2024, with underlying net income reaching a record $1 billion, a 9% increase from the previous year. The company saw growth across its operations in Canada and Asia, with a notable 31% rise in Individual Protection net income. Despite a slight decrease in reported net income, assets under management grew by 7%, indicating a robust financial position.
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