Sun Life Financial 2014 earnings dip

Global insurance firm Sun Life Financial Inc. posted a 1.2 percent dip in its operating net income for full year 2014 as its fourth quarter profits likewise dropped.

In a statement, Sun Life said it booked $1.92 billion operating net income last year, lower than the $1.94 billion it recorded in 2013 on the underperformance of its Canada unit, despite the firm’s net income increasing by 3.2 percent to $1.76 billion from $1.7 billion a year earlier.