{"id":54754,"date":"2025-08-08T15:08:07","date_gmt":"2025-08-08T15:08:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/54754\/"},"modified":"2025-08-08T15:08:07","modified_gmt":"2025-08-08T15:08:07","slug":"insurance-giant-sun-life-financials-second-quarter-profit-up-11-to-716-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/54754\/","title":{"rendered":"Insurance giant Sun Life Financial&#8217;s second-quarter profit up 11% to $716 million"},"content":{"rendered":"\n<p class=\"yf-1090901\">TORONTO \u2014 Sun Life Financial Inc. says its second-quarter profit was up 11 per cent from last year.<\/p>\n<p class=\"yf-1090901\">The Toronto-based insurer says it earned $716 million in its second quarter, up from $646 million a year prior.<\/p>\n<p class=\"yf-1090901\">Earnings for the period ended June 30 worked out to $1.26 per share, up from $1.11 a year ago.<\/p>\n<p class=\"yf-1090901\">The company attributed some of the increase to growth in Asia but says it was offset by an impairment charge of $61 million related to the early termination of a U.S. group dental contract.<\/p>\n<p class=\"yf-1090901\">The result was far below the $1.80 per share expected by analysts, according to LSEG Data &amp; Analytics.<\/p>\n<p class=\"yf-1090901\">Its underlying earnings per share were $1.79, compared with $1.72 a year prior.<\/p>\n<p class=\"yf-1090901\">This report by The Canadian Press was first published Aug. 8, 2025.<\/p>\n<p class=\"yf-1090901\">Companies in this story: (TSX:SLF)<\/p>\n<p class=\"yf-1090901\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 Sun Life Financial Inc. says its second-quarter profit was up 11 per cent from last year.&hellip;\n","protected":false},"author":2,"featured_media":54755,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,36614],"class_list":["post-54754","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-sun-life-financial-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/54754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=54754"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/54754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/54755"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=54754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=54754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=54754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}