Sun Life Financial says continuing operations showed improved Q2 profit + MORE Aug 7th

How to go about securing the best policy for your insurance in Canada.
Latest News

Compare car insurance quotes from Canadian providers Jun 24th

Auto Insurance Compare car insurance quotes from top providers in Canada In under five minutes, get a personalized car insurance quote from one of Canada’s top providers—free of charge. Just tap the button to get started. Get a free quote now* .... More »
 insurance quote

The President Opens the ObamaCare Escape Hatch Jan 26th

Trump’s executive order will make it easier to find an insurance plan that fits your needs..... More »

Will you be able to afford long-term care? Aug 31st

What worries aging Canadians as they prepare for long-term care? A BMO Wealth Institute study finds that the greatest health-care-related aging concerns include: losing the ability to live independently (40%); not having enough money to pay for adequate health care (17%); and not being able to affo.... More »
insurance

The best travel insurance credit cards in Canada for 2024 Jan 4th

Spend The best travel insurance credit cards in Canada for 2024 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »

“Do I need to tell my insurance company about a house fire or flood that I fix myself?” Sep 28th

You had a fire or flood in your home. Now you’re thinking about trying to fix the damage without telling your insurance company so that your rates don’t go up. In my experience, most homeowners have this moment after a loss event. It’s fine to think about it—but I would say, don’t think to.... More »
TORONTO – Sun Life Financial Inc. (TSX:SLF) says its continuing operations were more profitable in the second quarter than they were at the same time last year, although its Canadian arm provided less operating net income.
Overall operating net income, excluding certain items and discontinued operations, was $488 million or 80 cents per share, up from $431 million or 71 cents per share in the second quarter of 2013.
However, SLF Canada’s operating net income fell to $197 million — down from $210 million a year earlier.
By contrast, its MFS Investments segment showed in increase to $145 million in Canadian currency (US$133), up from C$104 million (US$101 million) a year before.
The Toronto-based company’s continuing operations exclude a U.S. annuities business and certain U.S. life insurance businesses that were sold on Aug. 1, 2013.
Sun Life’s operating net income also excludes certain items that are reported under international financial reporting standards, such as the impact from fluctuating interest rates and equity markets and changes to management assumptions…

Continue Reading On canadianbusiness.com »

On tap this week, we’ll see trade data for June, the latest on Canadian employment on Friday and earnings reports from Canada’s largest insurance companies.

Continue Reading On blogs.wsj.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!