Sun Life fourth-quarter profit rises on growth from Canada, Asia

February 10, 2016 10:52 PM

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Sun Life fourth-quarter profit rises on growth from Canada, Asia

TORONTO Insurer Sun Life Financial Inc reported higher fourth-quarter earnings, driven by growth in its Canadian, Asian and asset management businesses.

Net income for the quarter ended Dec. 31 was C$536 million ($384.89 million), or 87 Canadian cents a share, compared with C$502 million, or 81 Canadian cents a share, a year ago. Underlying earnings rose to C$1.05 a share.

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