//
you're reading...
Currency Events, Insurance Information

@SunLife trims some fat in order to shine brighter

sunlifeInsurance

Sun Life Financial reports loss in third quarter

Toronto – Sun Life Financial Inc. reported a third-quarter loss Wednesday totalling $520 million as it closed the sale of its U.S. annuity business. It turned in a profit or $383 million in the same quarter a year ago. The insurer earned operating net profit from continuing operations of $442 million of 69 cents per share. That compares with an average analyst estimate compiled by Thompson Reuters of 64 cents per share. “We generated another strong quarter of sales growth, with wealth sales up 25 per cent and continued growth in the value of new business,” CEO Dean Connor said in a statement.

Kitchener Record – Thursday Nov. 7 2013

If you would like to learn about the Sun Life products that I would recommend, please do not hesitate to contact me.

Tyler Brown
Financial Security Advisor
Life Insurance Broker
tylerb@riskman.ca
(519) 212-9859
@tbrown_101

Office: (519) 648-9580
Fax: (519) 489-2740
http://www.riskman.ca
244 Woolwich St. South, Unit #1 ~ P.O. Box 261 Breslau, ON ~ N0B 1M0

Advertisements

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

Archives

bLogbook

November 2013
M T W T F S S
« Oct   Feb »
 123
45678910
11121314151617
18192021222324
252627282930  
%d bloggers like this: