The Toronto-based insurance and asset management company said earnings from its group insurance segment surged 51% while individual insurance business rose 23%
Earnings from wealth and asset management segment fell 1% largely due to higher expenses and lower fee-based earnings.
The insurer posted underlying net income of C$920 million , or C$1.57 per share, for the three months ended June 30, compared with C$808 million, or C$1.38 per share, a year earlier.Checking box will enable automatic data updates.
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