Sun Life Financial Sees Q4 Profit Decline Amid Group Health Protection Struggles
2025-02-12
Reuters
Sun Life Financial reported a decline in its fourth-quarter profit, primarily due to challenges in its group health protection business. The company's results reflect the ongoing impact of a competitive market on its health insurance segment. Despite this, Sun Life remains committed to delivering value to its customers and shareholders. With a focus on health and wellness, the company continues to navigate the evolving insurance landscape, including trends in employee benefits and group health insurance. Key areas of growth include digital health solutions and financial protection products.
