[ad_1] BOSTON, Dec. 5, 2023 /PRNewswire/ – Manulife Investment Management has announced a $1.2 billion partnership with Scannell Properties and StepStone Real Estate, facilitating the recapitalization of 35 newly constructed…
Tag: Manulife
Manulife cuts 250 jobs in wealth and asset management unit
[ad_1] TORONTO – Manulife Financial Corp. has cut 250 jobs in its global wealth and asset management business, the latest asset management company to take action in a challenging…
Manulife reports net income of $1 billion in third quarter
[ad_1] TORONTO — Manulife Financial Corp. says its net income rose in the third quarter from last year, supported especially by business growth in Asia. The insurer says it had…
Canada’s Manulife posts higher quarterly profit on stronger Asia insurance sales
[ad_1] Nov 8 (Reuters) – Canada’s Manulife Financial (MFC.TO) reported a rise in its third-quarter profit on Wednesday, helped by strong insurance sales in its biggest market Asia. The insurer…
Manulife, Kiva partner for small businesses
[ad_1] Louise Maureen Simeon – The Philippine Star October 29, 2023 | 12:00am MANILA, Philippines — The Philippines is expected to benefit from a $1-million (P57 million) financing boost for…
Manulife Hong Kong and Macau posts major lift for Q2
[ad_1] Manulife Hong Kong and Macau posts major lift for Q2 | Insurance Business Asia Life & Health Manulife Hong Kong and Macau posts major lift for Q2 The firm…
Manulife shares rise on earnings beat, but real estate pain lingers
[ad_1] TORONTO, Aug 10 (Reuters) – Shares of Manulife Financial (MFC.TO) rose on Thursday after a rebound in insurance sales and profitable investment returns in their wealth unit powered an…
Canada’s Manulife beats profit estimates on Asia recovery
[ad_1] Aug 9 (Reuters) – Canada’s largest insurer, Manulife Financial (MFC.TO), on Wednesday reported better-than-expected quarterly profit powered by strong insurance sales in Asia, its biggest market, as Hong Kong…
Manulife reports strong topline results in 2Q23 with APE sales up 12%, NBV up 10%, new business CSM of $592 million up 15% and Global Wealth and Asset Management net inflows of $2.2 billion. Net income attributed to shareholders was $1.0 billion in 2Q23 and core earnings were $1.6 billion with strong EPS and core EPS growth
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Manulife Announces Leadership Changes to Accelerate Asia Growth
[ad_1] TSX/NYSE/PSE: MFC SEHK: 945 Phil Witherington Appointed President and CEO, Manulife AsiaColin Simpson to Succeed Mr. Witherington as Manulife’s Chief Financial Officer TORONTO and HONG KONG , June 15, 2023 /PRNewswire/ –…