
© Reuters. The Sun Life Financial emblem is seen at their company headquarters of One York Street in Toronto, Ontario, Canada, February 11, 2019. REUTERS/Chris Helgren
(Reuters) -Canada’s Sun Life Financial (NYSE:) posted a fall in third-quarter revenue on Monday, damage by decrease earnings from its U.S. insurance coverage enterprise.
The firm’s underlying earnings from its U.S insurance coverage phase have been down 19% at C$185 million.
Sun Life’s underlying web earnings from wealth and asset administration rose 9% to C$457 million.
The insurer posted underlying web earnings of C$930 million ($673.67 million), or C$1.59 per share, for the three months ended Sept. 30, in contrast with C$949 million, or C$1.62 per share, a 12 months earlier.
($1 = 1.3805 Canadian {dollars})