Sun Life Finl Stock Price, News & Analysis

Sun Life (NYSE:SLF) and DentaQuest have announced their 2025 Health Access Hero Awards recipients, recognizing organizations and individuals advancing healthcare access. The program features two tracks: grants for innovative health programs and individual recognition awards, with individual winners receiving $10,000 donations to their chosen charities.

The awards have distributed over $3.5 million in grants and recognized more than 130 individuals nationwide. This year's program awarded nine organizational grants ranging from $25,000 to $100,000, supporting initiatives in oral health, diabetes prevention, and nutrition. Additionally, six individual heroes were recognized for their contributions to community health access.

Sun Life U.S. (NYSE:SLF) has been recognized as one of Hartford's Top Workplaces by the Hartford Courant for the fifth consecutive year. The recognition highlights the company's strong culture, comprehensive benefits package, and flexible hybrid work model.

The company has garnered multiple workplace awards, including recognitions from the Boston Globe, Milwaukee Journal Sentinel, Baltimore Sun, and Forbes. Sun Life offers notable benefits including generous paid family and medical leave, sabbaticals, menopause benefits, and a flexible hybrid work arrangement where employees can choose their office days.

Sun Life (NYSE:SLF) announced that Katie Hebert, head of marketing operations, has been named a finalist in the Wrike Elite 100 Awards. The recognition highlights Hebert's expertise in utilizing Wrike's collaborative work management platform to enhance operational efficiency and team collaboration at Sun Life.

Hebert, who has spent 13 years at Sun Life, has played a crucial role in optimizing resources and streamlining project management processes, particularly in adapting to hybrid work environments. Winners across seven categories will be announced on September 15th, 2025.

Sun Life (NYSE:SLF) announced that Executive Vice-President and CFO Tim Deacon participated in a fireside chat at the Barclays 23rd Annual Global Financial Services Conference in New York on September 8, 2025. The discussion was moderated by Alex Scott, Barclays' Senior Equity Analyst covering insurance sectors.

Investors can access the audio recording of the discussion through Sun Life's Investor Relations page.

Sun Life (NYSE:SLF) announced its participation in the upcoming Scotiabank Financials Summit on September 4, 2025. Kevin Strain, President and CEO, will engage in a fireside chat at 8:30 a.m. ET, while Steve Peacher, Executive Chair of SLC Management, will participate in a private markets growth panel at 12:15 p.m. ET. Both sessions will be accessible via webcast through Sun Life's Investor Relations page.

Sun Life (NYSE:SLF) has announced a significant leadership transition, with David Healy, current President of the Dental business, appointed as the new President of Sun Life U.S. effective September 1, 2025. He succeeds Dan Fishbein, who will retire in March 2026 after 11 years of service.

Healy brings over 20 years of experience at Sun Life, having previously led the Group Benefits business and U.S. Operations and Technology teams. His tenure includes overseeing key acquisitions such as Assurant Employee Benefits in 2016 and Maxwell Health in 2018. Fishbein will serve as Executive Chair during the transition period.

Sun Life Financial (NYSE: SLF) has declared its quarterly dividend payments for Q3 2025. The company will pay a dividend of $0.88 per common share, maintaining the same amount as the previous quarter. The dividend is payable on September 29, 2025 to shareholders of record as of August 27, 2025.

Additionally, Sun Life announced dividend payments for its Class A Non-Cumulative Preferred Shares, with amounts ranging from $0.185438 to $0.303348 per share across different series. Common shares acquired through the Canadian Dividend Reinvestment and Share Purchase Plan will be purchased on the open market through various Canadian trading platforms.

Sun Life (NYSE:SLF) reported strong Q2 2025 financial results with underlying net income of $1,015 million, up 2% year-over-year, and an underlying ROE of 17.6%. The company's reported net income reached $716 million, an 11% increase from Q2 2024.

Key performance highlights include record underlying net income in Asia, with total Assets Under Management (AUM) growing to $1,541 billion, a 5% increase year-over-year. The company maintained a strong capital position with a LICAT ratio of 151% and actively pursued its share buyback program, purchasing nearly $400 million of shares in the quarter.

By segment, Asset Management & Wealth remained stable at $455 million, Group Health & Protection increased 7% to $326 million, while Individual Protection decreased 10% to $299 million. The company reported significant growth in bancassurance sales across Asian markets and continued strength in SLC Management flows.

Sun Life (NYSE:SLF) has expanded its Family Leave Insurance (FLI) offering to Michigan and West Virginia, bringing the total coverage to 16 states. FLI provides income replacement for family and bonding leave, complementing traditional short-term disability insurance.

The expansion allows employers to offer paid family leave benefits equally to all eligible employees, regardless of their location. The insurance is fully insured, making it accessible for small and mid-size employers without self-funding risks. Sun Life will begin quoting in Massachusetts next month, with additional state approvals expected throughout 2025.