News: Sun Life Financial Inc (SLF)

SLF on New York Consolidated

37.74USD
22 Aug 2014
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Wed, Aug 6 2014

Sun Life Financial profit rises on stronger asset management

TORONTO, Aug 6 - Sun Life Financial, Canada's No. 3 life insurer, said on Wednesday its second-quarter net income rose 6.5 percent, helped by stronger profit at its MFS asset management unit.

Fitch Affirms Sun Life Financial Inc.'s Ratings; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, July 22 (Fitch) Fitch Ratings has affirmed the ratings of Sun Life Financial Inc. (TSE, NYSE: SLF) including all outstanding issues, as well as the Insurer Financial Strength (IFS) ratings of SLF's primary Canadian insurance subsidiary, Sun Life Assurance Co. of Canada (SLAC), at 'AA-'. A full list of ratings follows at the end of this release. The Rating Outlook is Stable. KEY RATING DRIVERS Fitch's rationale for the rati

Scotia to sell majority of its stake in CI Financial via offering

TORONTO - The Bank of Nova Scotia said on Wednesday it plans to sell the majority of its 37 percent stake in asset manager CI Financial via a secondary offering that could raise as much as C$2.62 billion ($2.4 billion).

UPDATE 1-Scotia to sell majority of its stake in CI Financial via offering

TORONTO, May 28 - The Bank of Nova Scotia said on Wednesday it plans to sell the majority of its 37 percent stake in asset manager CI Financial via a secondary offering that could raise as much as C$2.62 billion ($2.4 billion).

CORRECTED-Sun Life pivots to southeast Asia as other markets slow

(Corrects paragraph 4 to say sales declined, not earnings)

Sun Life pivots to southeast Asia as other markets slow

KUALA LUMPUR, May 26 - Sun Life Financial , Canada's third biggest insurer, is boosting investment in Indonesia and Malaysia at a time when growth in earnings from some core Asian markets has slowed.

UPDATE 2-Scotiabank to explore sale of CI Financial stake

(Add Scotiabank, analyst comments, CI response, background)

UPDATE 1-Sun Life net profit falls 22 pct on markets, annuities sale

TORONTO, May 6 - Sun Life Financial, Canada's No. 3 life insurer, said on Tuesday its first-quarter net income fell 22 percent due to the impact of last year's sale of its U.S. annuities business as well as financial markets losses.

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