UPDATE 1-Canada's Sun Life lifts some premiums as payouts grow, investments sink [Reuters]
Sun Life Financial Inc. (SLF)
Last sun life financial inc. earnings: 2/12 05:01 pm
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sunlife.com/global/investors?vgnlocale=en_ca
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Source: Reuters
UPDATE 1-Canada's Sun Life lifts some premiums as payouts grow, investments sink (Adds details of benefit plan premium reductions) By Nichola Saminather TORONTO, April 20 (Reuters) - Canada’s second-biggest life insurer, Sun Life Financial Inc, raised premium rates on some life insurance and critical illness policies by up to 27% for new applicants on Monday to offset the hit from shrinking bond yields globally. Market volatility and plunging yields have slammed returns from investment portfolios for Sun Life and other insurers, even as the COVID-19 pandemic has boosted payout expenses. Canada’s benchmark interest rate is down at 0.25%. Higher payouts are somewhat offset by fewer claims on dental, vision and extended coverage, allowing Sun Life, Manulife Financial Corp and Great-West Lifeco subsidiary Canada Life to cut dental premiums by 50%, they said in separate statements. Sun Life and Great-West will also return 20% of premiums for other extended coverage excluding prescription d
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News
- Sun Life U.S. donates $50,000 to Northeastern University's Roux Institute to help improve access to healthcare throughout MainePR Newswire
- Sun Life (SLF) Up 6.1% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Sun Life U.S. and the Boston Celtics campaign #SunLifeDunk4Diabetes raises $105,000 for YMCA of Greater Boston [Yahoo! Finance]Yahoo! Finance
- Sun Life U.S. and the Boston Celtics campaign #SunLifeDunk4Diabetes raises $105,000 for YMCA of Greater BostonPR Newswire
- How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks [Yahoo! Finance]Yahoo! Finance
SLF
Earnings
- 11/4/24 - Beat
SLF
Sec Filings
- 11/13/24 - Form 6-K
- 11/5/24 - Form 6-K
- 11/5/24 - Form 6-K
- SLF's page on the SEC website