Sun Life Financial News

Sun Life Financial Inc said Thursday it would form a joint venture with Vietnam's PVI Holdings that will allow Sun Life to sell insurance products in the South Asian country.

The Boston Celtics and Sun Life Financial are set to announce a new sponsorship deal Tuesday.

Among Canadians who expect to work past 65, 61% say they plan to work because they need to, 39% say it's because they want to.

SUN Life Grepa Financial Inc., the joint venture company of Sun Life Financial and the Yuchengco Group that has an exclusive "bancassurance alliance" with the Rizal Commercial Banking Corp., collected in excess of P1 billion in total premiums in the first quarter of this year, a growth of 48 percent year-on-year. "We are delighted with the progress ... (more)

Dividend stocks are more attractive to investors these days, due to the decline in interest rates and with the recent reduction in the tax rate on most dividends.

Sun Life Financial Inc. says it won't comment on British media reports it plans to sell its U.K. insurance business just months after it scaled down its U.S. division as it works to streamline operations.

Canadian financial services firm Sun Life Financial plans to sell its British life insurance unit to avoid tough new capital requirements for European insurers, Sky News reported on Tuesday.

Uninsured medical expenses are a major factor in about half of all personal bankruptcies and home foreclosures in the United States.

Canada's main stock index turned positive by mid-morning on Friday as constructive North American data helped to offset political uncertainty in Greece, negative economic surprises from China and shock trading losses at JPMorgan Chase.

The firm currently has a $24.00 target price on the stock, down from their previous target price of $26.00. Shares of Sun Life Financial opened at 22.56 on Friday.

The analysts wrote, "SLF reported GAAP EPS of $1.22, well ahead of our $0.69 estimate and consensus of $0.78, owing to better-than-expected impact from both equity markets and interest rates.

Canadian stocks headed toward their first gain in seven sessions on Thursday, helped by a break in concerns about European sovereign debt, a rebound in some commodities and earnings including those from Sun Life Financial Corp.

Sun Life Financial Inc. , Canada 's third-largest insurer, said profit jumped 57 percent following two straight quarterly losses, helped by rising stock markets.

Sun Life Financial Inc profit rose by a stronger-than-expected 56 percent in the first quarter, helped by stronger stock markets and rising bond yields, Canada's No.

Sun Life Financial Inc profit rose 56 percent in the first quarter, helped by stronger stock markets and rising bond yields, Canada's No.

Among Canadians who expect to work past 65, 61% say they plan to work because they need to, 39% say it's because they want to.