Sun Life Financial Inc. (NYSE:SLF) Q4 2022 Earnings Call Transcript

Kevin Strain: Well, I think what you have to do, Nigel, is that we just updated our impact from going from IFRS 4 to IFRS 17 to be high single digits. And then if you want to take a look at what happens in 2023, then you have to factor in the current operating environment that we’re in and take account of how that would impact all of all of our businesses. And I will say as we said in May that two thirds of our businesses are not impacted by IFRS 17. So business like MFS, SLC group businesses, you could kind of just look at what you would normally expect to come out of those businesses in this kind of environment.

Operator: Thank you. We have no further questions at this time. I will turn things over to Mr. Strain for closing remarks.

Kevin Strain: Well, thank you, operator, and thank you everyone for the great questions. Before we close today’s call I would like to take a moment to thank our employees for their dedication, resilience and persistence over the course of the year. The strength of our people and culture combined with our focus on execution has been instrumental in achieving great progress on our strategy in 2022. A big thank you from me and the executive team to all of our people. Thanks, operator.

Yaniv Bitton: Thank you, Kevin. This concludes today’s call. A replay of the call will be available on the investor relations section of our website. Thank you and have a good day.