Company Profile For Sun Life Financial Inc.

Sun Life Financial Inc. (SLF.TO) (Toronto Stock Exchange)

sector: Financials · industry: Financial Services - Diversified ·

As of 24 Nov 2009

29.27CAD

Price Change

+0.03

Percent Change

+0.10%

Analyst Recommendations

Overview

Sun Life Financial Inc. (SLF Inc.) is an international financial services organization. The Company offers a range of life and health insurance products and services, savings, investment management, retirement, and pension products and services to both individual and corporate customers. SLF Inc. manages its operations in five business segments: Sun Life Financial Canada (SLF Canada), Sun Life Financial United States (SLF U.S.), MFS Investment Management (MFS), Sun Life Financial Asia (SLF Asia), and Corporate. On December 12, 2008, the Company sold its 37% interest in CI Financial Income Fund to The Bank of Nova Scotia (Scotiabank). On February 29, 2008, SLF Inc. sold Sun Life Retirement Services (U.S.), Inc.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Sun Life Financial Inc.'s revenues totaled to C$22.58B up from C$10.86B. Net income applicable to Common decreased 64% to C$238M. Revenues reflect an increase in premium income and the presence of income vs. loss from change in fair value of asset held for trading assets. Net income was offset by an increase in annuity payments, a rise in death & disability benefits and higher interest expenses.