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flag Sun Life Financial reports second-quarter profit up 11%, but earnings miss analysts' expectations.

flag Sun Life Financial reported a 11% increase in second-quarter profit to $716 million, or $1.26 per share, up from $646 million or $1.11 per share a year ago. flag The increase was partially offset by a $61 million impairment charge related to a U.S. group dental contract. flag Despite strong growth in Asia, the company's earnings fell short of analysts' expectations of $1.80 per share. flag Assets under management rose 5% to $1.54 trillion.

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