Welcome to our dedicated page for Sun Life Finl news (Ticker: SLF), a resource for investors and traders seeking the latest updates and insights on Sun Life Finl stock.
Sun Life Financial Inc. (SLF) delivers insurance, wealth management, and health solutions across global markets. This news hub provides investors and stakeholders with essential updates about corporate developments, financial performance, and strategic initiatives.
Access timely announcements including quarterly earnings reports, leadership changes, product innovations, and regulatory filings. Our curated collection ensures you stay informed about SLF's position in financial services markets without promotional bias.
Discover updates spanning key business areas: insurance product launches, asset management partnerships, and health benefit expansions. Each release is presented with contextual clarity to support informed analysis of the company's trajectory.
Bookmark this page for streamlined access to Sun Life Financial's official communications. Combine these updates with market analysis tools to track SLF's evolving role in global financial security solutions.
Sun Life Financial Inc. (TSX: SLF, NYSE: SLF) is set to release its second quarter 2022 financial results on August 3, after market closure. The earnings conference call will take place on August 4 at 10:00 a.m. ET. Investors can access the live webcast and presentation slides through their website. Sun Life is an international financial services organization with assets under management totaling $1.35 trillion as of March 31, 2022, serving clients across various global markets.
Sun Life's 10th annual report on high-cost medical claims reveals significant trends in healthcare costs from 2018 to 2021.
- Million-dollar claims rose 37%, with the highest being $6.23 million for hemophilia.
- COVID-19 became a top 10 costliest condition, totaling $114 million in claims.
- Mental health claims increased by 22%, particularly depressive disorders.
- Approximately 64% of U.S. employees are in self-funded health plans, highlighting the importance of Sun Life's role.
Sun Life Financial Inc. (TSX: SLF) is hosting an IFRS 17 investor education session on May 31, 2022, from 8:30 a.m. to 10 a.m. ET. The session will feature key executives including CEO Kevin Strain and CFO Manjit Singh. Investors can access presentation materials online and listen to a live webcast. A replay of the conference call will be available for two weeks post-event. As of March 31, 2022, Sun Life had total assets under management of $1.35 trillion, with operations across multiple global markets, enhancing its position in the financial services industry.
On May 12, 2022, Sun Life Financial Inc. (TSX: SLF) announced the election of 10 directors during its annual meeting of common shareholders. Significant votes included Deepak Chopra, who received 99.0% approval, and Stephanie L. Coyles, who garnered 99.8%. The company provided detailed voting results, which are accessible through its official website and securities regulators. As of March 31, 2022, Sun Life managed total assets of $1.35 trillion, offering a range of financial services globally.
On May 11, 2022, Sun Life Financial Inc. (SLF) declared a $0.69 per share dividend on common shares, an increase of 3 cents from the previous quarter. This dividend is payable on June 30, 2022 to shareholders of record by June 1, 2022. Additionally, preferred share dividends were announced, with Series 3 and 4 at $0.278125 per share, Series 5 at $0.28125, and others ranging from $0.114063 to $0.185438. All dividends are designated as eligible for the Income Tax Act in Canada.
Sun Life Financial Inc. (SLF) reported Q1 2022 results, with net income of $858 million, down 8% year-over-year. Underlying net income decreased slightly to $843 million. EPS was $1.46, a decrease from $1.59. The company observed growth in insurance sales, up 9% to $799 million, and a 4.5% dividend increase to $0.69. Despite challenges from COVID-19, Sun Life expanded its partnership with CIMB Niaga in Indonesia, enhancing future access to financial solutions. Total assets under management increased to $1.352 trillion, reflecting business resilience.
Sun Life U.S. has renewed its national sponsorship of Project Power, a program by the American Diabetes Association, aimed at promoting healthy lifestyle choices among youth. The program, which served over 4,600 children in 2021, includes lessons on nutrition and fitness to combat childhood obesity and type 2 diabetes. Survey results indicate significant improvements in participants' health knowledge and habits. Sun Life's ongoing support reflects its commitment to enhancing health outcomes, especially in underserved communities.
Sun Life Financial Inc. (TSX: SLF) is set to announce its first quarter 2022 financial results on May 11, following the market's close. The earnings conference call will occur on May 12 at 10:00 a.m. ET. Interested listeners can access the live webcast and presentation materials through Sun Life's investor relations website. As of December 31, 2021, Sun Life had total assets under management of $1.44 trillion.
SLC Management has appointed Tom Murphy as the President of SLC Fixed Income, effective immediately. Murphy, previously Head of Institutional Business, brings over 20 years of experience from Mercer. SLC Management currently oversees C$188B (USD $141B) in fixed income assets and is experiencing significant growth in this sector. The firm aims to enhance client value and expand its range of solutions under Murphy's leadership. The appointment comes at a time of strong demand for fixed income products.
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