Global financial services organization Sun Life saw losses in its U.S. dental insurance segment, according to the company’s third quarter financial report.
Sun Life released its third quarter financial report Nov. 5.
The company’s group services were down $64 million, driven by losses in group benefits and dental benefits. Sun Life attributed its dental losses to higher utilization rates and retroactive premium payments.
Overall, U.S. group sales were $273 million, primarily driven by an increase in employee benefit sales and dental sales.
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