Sun Life Financial, a Canadian insurer, has reported higher-than-expected quarterly profit due to its acquisition of dental benefits provider DentaQuest and strong insurance sales in Canada.
The Sun Life Financial logo is seen at their corporate headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren/File Photoreported better-than-expected quarterly profit on Tuesday, helped by its acquisition of dental benefits provider DentaQuest and strong insurance sales at home.
Chief Executive Officer Kevin Strain said health and protection sales growth were strong in the quarter and its investment in Dialogue would help the Toronto-based company play a large role in Canada's health ecosystem. "The diversification story is really a long-term impact story... in the long run, what it means is high-quality earnings," Morningstar analyst Suryansh Sharma said.
Earnings from wealth and asset management segment fell 1% largely due to higher expenses and lower fee-based earnings.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Two Stars Orbiting Each Other So Closely They Could Fit Inside the SunAstronomers have discovered a pair of star-like objects orbiting each other extremely quickly, with an entire ‘year’ lasting just 1.9 Earth hours. The system consists of one object which is definitely a small star, and another that straddles the boundary between star and planet. The two objects appear to be very close to each other, suggesting that their orbit has significantly shrunk over time. Understanding this process is crucial for unraveling the mysteries of solar system formation.
Baca lebih lajut »
Clouds, Sun and Showers Expected This WeekA weak system brought showers on Monday with more rain expected on Wednesday. The rest of the day will bring a mix of clouds and sunshine with highs in the mid to upper 70s. Thunderstorms are expected east of the Cascades and over the Cascade crest.
Baca lebih lajut »
Astronomers Discover Inexplicably Bright Light from the SunAstronomers have observed extraordinarily high-energy gamma rays emanating from the sun, surpassing any previous observations. The abundance of these gamma rays exceeds the predictions of our current models of the sun.
Baca lebih lajut »
CRAVITY reveal 'Sun Seeker' comeback schedule teaserCRAVITY have revealed their comeback schedule for 'Sun Seeker'. The teaser image lets fans know what they can expect next, and it looks like concept photos for CRAVITY's comeback will start coming out on August 18 KST. 'Sun Seeker' is CRAVITY's 6th mini album, and it's set to drop on September 11 KST.
Baca lebih lajut »