Sun Life reported income falls 49.9% to $340m in Q1 2026

Underlying earnings per share stood at C$1.9 in the quarter.

Sun Life’s underlying net income in the first quarter (Q1 2026) marginally increased by 0.48% on a year-on-year (YoY) basis to US$803m (C$1.1b).

Reported net income, however, contracted by 49.9% YoY to US$339.5m (C$465m).

"This quarter we delivered strong growth in our protection businesses led by Asia, Canada and US. Health and Risk Solutions," said Kevin Strain, President and CEO of Sun Life.

The insurer’s Asia segment surged by 13.1% YoY to US$157.7m (C$216m) in Q1 2026, in terms of underlying net income. The group’s underlying earnings per share stood at US$1.39 (C$1.9).

“Strong performance in Asia reflecting business growth in Hong Kong, and Canada from higher fee income driven by higher assets under management,” the company said.

(US$1.00 = C$1.36)

Follow the link s for more news on

Sun Life

Financial Statements

insurance

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia