/Nataliya Vaitkevich from Pexels
Individual security gross successful nan region totalled $894m crossed Hong Kong, India, and Indonesia.
Sun Life Financial Inc.’s full-year 2025 reported nett income climbed 13.9% year-on-year (YoY) to $3.5b.
Earnings per sharing for nan full twelvemonth stood astatine $6.15, climbing 16.9% YoY.
In Asia, underlying nett income reached $207m successful nan 4th quarter, up $32m aliases 18% from a twelvemonth earlier.
The summation was chiefly driven by a $35m emergence successful individual protection net owed to beardown income crossed astir markets, maturation successful in-force business, favourable mortality acquisition successful nan high-net-worth segment, higher finance income, and little expenses.
This was partially offset by little contributions from associated ventures and adverse in installments experience.
Asset guidance and wealthiness net successful Asia fell $3m, reflecting little interest income linked to nan modulation of management business to nan centralised eMPF level successful Hong Kong.
Reported nett income successful Asia was $131m, up $120m YoY, mostly owed to higher underlying net and nan absence of a prior-year impairment complaint connected a Vietnam bancassurance intangible asset.
The summation was partially offset by unfavourable market-related and actuarial impacts, chiefly from interest-rate movements.
Foreign speech translator reduced Asia underlying nett income by $2m and reported nett income by $1m
Asia individual security income totalled $894m, up 49% YoY, driven by maturation crossed each channels successful Hong Kong and higher bancassurance income successful India and Indonesia, partially offset by little high-net-worth agent sales.
Asset guidance gross flows and wealthiness income successful Asia reached $2b, up 8% YoY, supported by stronger fixed-income and equity money income successful India, partially offset by little fixed-income money income successful nan Philippines.
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