Sun Life Financial (SLF) Q3 FY25 earnings call

Sun Life Financial delivered a strong Q3 FY25, with robust growth in its Asia and Canada segments and solid performance in Asset Management, driving a 6% increase in underlying EPS and an 18.3% ROE. These gains were partially offset by significant headwinds in the U.S. business, particularly in Group Health & Dental, where unfavorable insurance experience and pricing challenges impacted profitability. Management is actively repricing and repositioning the U.S. operations while maintaining confidence in the company's diversified model and capital strength to meet medium-term objectives.