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Financial highlights
2020 marked another year of progress for Sun Life. We achieved strong performance against our five-year medium-term financial objectives:
- growth in underlying earnings per share,
- underlying return on equity,
- and dividend payout ratio.
Full year 2020
5-year progress on medium-term objectives
Cecil’s Story
Cecil, a Sun Life Client from the Philippines, was diagnosed with stage 3 breast cancer. Her life-saving treatment was costly, and Cecil struggled to afford it, especially when COVID-19 negatively affected her husband’s business.
Thanks to Cecil’s Sun Life Critical Illness policy, some additional health benefits, and help from family and friends, Cecil received treatment and is now cancer-free.
The World of Sun Life
Annual report materials
- Before reading the annual report
- Highlights, Analysis and Financial Results
- Corporate Information
- Read about the use of Non-IFRS Financial Measures and Forward-Looking Statements in the Management's Discussion and Analysis section of the report.
- All files are provided in Adobe Acrobat. Download a free version of Adobe Reader.
Shareholders and policyholders can access the Notice of Annual Meeting and Management Information Circular and additional information under Annual Meetings.
Highlights
Financial highlights
Chair of the Board's message
Chief Executive Officer’s message
Analysis
Management’s Discussion and Analysis
Financial results
Consolidated Financial Statements and notes
Financial reporting responsibilities
Consolidated financial statements
Notes to the consolidated financial statements
Appointed Actuary’s Report and Report of Independent Registered Public Accounting Firm
Consider the environment
You can help us lighten our environmental footprint and cut down printed material by downloading the full Annual Report.
1Underlying net income, assets under management, underlying earnings per share (EPS), underlying return on equity (ROE) and dividend payout ratio represent non-IFRS financial measures. For additional information, see Non-IFRS financial measures in our 2020 Annual Management’s Discussion and Analysis.
2Underlying EPS growth is calculated using a compound annual growth rate. Underlying ROE and dividend payout ratio are calculated using an average.
*At the end of 2020. Includes Asia joint ventures.