Strong Underlying EPS Growth
Sun Life's underlying EPS for Q2 2025 was $1.79, representing a 4% increase year-over-year. Underlying net income was strong at just over $1 billion.
Record Earnings in U.S. Employee Benefits
The U.S. Employee Benefits business achieved record earnings and margins this quarter, showcasing Sun Life's leadership position in the stop-loss market.
Significant Growth in Asia
Asia posted a record underlying net income of $206 million, up 13% year-over-year, with strong sales growth in Individual Protection up 22% year-over-year. Asia's total CSM grew 23% year-over-year.
Successful Capital Raising
SLC Management had a strong quarter for capital raising with $6 billion of assets being raised, doubling over last year. Fee-related earnings increased by 37% year-over-year.
Digital Advancements
Sun Life made substantial progress in digital leadership, deploying new generative AI capabilities and launching a reimagined mobile application in Canada.