Most of the sun life falls from March 2020 in the US division weakness

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After March 2020, Thursday’s largest Intrade Slide, Thursday this share of this share at least C $ 76.12. In the fourth quarter of the insurance company, C $ 1.68 was reported to be a base revenue for a share of C $ 1.68, which reduced C $ 1.77 expected by researchers in the Bloomberg survey.

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Most Miss came from a backward section after the pace received before 2024. Net income from the United States was 39% lower than a year ago, as the company found a bounce in sick claims within its medical stop-phenomenon. This is US-specific insurance for employers who want to alleviate large quantities of health.

In an interview, Chief Executive Officer Kevin Strain said that the increase in death claims was attributed to the delayed consequences of the infection. During that period, people avoided regular tests and hospital visits, which they were sick, resulting in increased claims in the fourth quarter.

Looking beyond the fourth quarterly setback, Strain said that he was confident in the four major trade units – Canada, the United States, Asia and its property management business.

“We expect good growth from all four pillars and I am very happy about the four of them,” he said. “We have this different business combination. It helps us to look at us through unstable nature and change – to be very honest – that many places are not worse in a geopolitical risk area.”

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A month before the results, National Bank of Canada Analyst Gabriel Decacon has improved the sun life from the industry to a better assessment, arguing that its average American expression will serve the new American administration better. Deacon pointed out that the company was a two -thirds revenue of US dollars and US President Donald Trump’s developmental agenda.

On Wednesday, Dearon acknowledged that the backward American division was “negative in the quarter”, but the Sun Life’s margins will eventually progress back, and industrial players are reviewing their policies next year. “If you want to have a huge drag in the stock price of SLF as a reaction to these results tomorrow, we will consider it the opportunity to buy it.”

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