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Sun Life Financial: Asia Is Becoming the Growth Engine — 20% YTD Earnings Surge & the Distribution Network Behind It!

Sun Life Financial’s third-quarter 2025 financial results showcase both the strengths and challenges inherent in its global operations. The company’s diversified business model proved beneficial, with notable performances in the Canadian and Asian markets alongside challenges within the United States segment. On a positive note, Sun Life Financial reported a 6% year-over-year increase in underlying earnings per share, reaching $1.86, and a 6% rise in reported net income to $1.1 billion. The company’s return on equity climbed to 18.3%, bolstered by higher earnings and share buybacks, while the book value per share went up by 3% quarter-over-quarter. The company also increased its dividend by $0.04 to $0.92 per share and executed share repurchases totaling approximately $400 million in the quarter. In Canada, Sun Life experienced significant growth in individual life insurance sales, particularly nonparticipating life products, contributing to a 16% year-over-year increase in sales.