Sun Life Financial CEO Touts 12% EPS Growth, Eyes 20% ROE as U.S. Dental Volatility Looms

Strain said Sun Life has “reset” goals for its U.S. dental business after learning more about how Medicare and Medicaid dynamics are evolving. He referenced an earlier target discussed on an investor call: $5 billion in premium at a 5% margin, or $250 million in profit. While he reiterated the $5 billion premium goal, he said it “may take a little bit longer” than originally expected.Strain said Canada and Asia performed strongly, while the U.S. business was “a bit more volatile,” reflecting what he describ ...