Sun Life reports first quarter 2021 results

Sun Life Financial Inc recently announced its results for the first quarter ended March 31, 2021. First quarter reported net income was $937 million and underlying net income was $850 million.

Dean Connor, CEO, Sun Life, remarked, “Sun Life had a strong first quarter with growth across each of our four Pillars. The pandemic continues to significantly impact the lives of people around the world. Sun Life’s employees and advisors are going the extra mile to serve our clients at a time when they need us the most. We continue to invest in future growth, and, after the quarter end, announced our agreement to acquire Pinnacle Care International, Inc., a leading U.S. health care navigation and medical intelligence provider that will complement our stop-loss and health business.”

Kevin Strain, President, Sun Life, said, “This quarter, we advanced our strategic priorities of sustainability and digital innovation. We announced new sustainability and climate change commitments including our intention to invest an additional $20 billion in sustainable investments over the next five years and to achieve carbon neutral business operations starting this year.”