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Sun Life group insurance sales rise 24 percent in the third quarter

Group sales increased as reported earnings and the holding company capital ratio fell

In November 2026, Sun Life reported third quarter group insurance sales of C$619 million, up about 24 percent from C$498 million a year earlier. Group insurance sales for the first nine months reached C$1.85 billion, compared with C$1.61 billion for the same period in 2025.

At the consolidated level, underlying net income rose to C$1.146 billion, while reported net income attributable to common shareholders fell to C$785 million. Those group-wide figures include businesses beyond insurance and should be read alongside the reconciliation Sun Life provides.

The holding company’s Life Insurance Capital Adequacy Test ratio declined from 154 percent to 142 percent year on year. The separate ratio for Sun Life Assurance was 130 percent, down from 138 percent. The published figures do not indicate that growth in group insurance caused the decline in either capital ratio.

Sources

Sun Life third quarter earnings release ; Sun Life quarterly reports and disclosures

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