The Toronto-based insurer reported a reported net income of $1.01 billion, a 41% jump compared to the same period in 2025. This surge was bolstered by favorable public equity market impacts and improved real estate experience. Assets under management (AUM) reached $1.696 trillion, reflecting a 10% increase year-over-year.

Kevin Strain, President and CEO of Sun Life, attributed the results to the firm's diversified business model and disciplined execution. The company saw significant momentum in its health and individual protection segments, with group insurance sales rising 27% and individual insurance sales growing 16%. In the asset management division, the firm recorded $2.1 billion in net inflows, supported by continued traction in private credit and product innovation. The company maintained a solid capital position, ending the quarter with a Life Insurance Capital Adequacy Test (LICAT) ratio of 145%.