UPDATE 1-Canada’s Sun Life sees challenging year for insurers; profit beats estimates
Life insurers face a challenging
year as rising unemployment from the coronavirus pandemic
reduces group benefit and retirement plan enrollment, and market
declines and credit deterioration weigh on asset-management
earnings, Sun Life Financial Inc’s CEO said on Tuesday.
year as rising unemployment from the coronavirus pandemic
reduces group benefit and retirement plan enrollment, and market
declines and credit deterioration weigh on asset-management
earnings, Sun Life Financial Inc’s CEO said on Tuesday.
Posted by Reuters