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Stock impact report

Canadian insurers Manulife, Sun Life report higher fourth-quarter earnings [Toronto Globe and Mail (Ontario, Canada)]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Canadian insurers Manulife, Sun Life report higher fourth-quarter earnings Matt Scuffham TORONTO Reuters Published February 13, 219 Updated February 13, 219 For rs Comments Two of Canada’s biggest insurers, Manulife Financial Corp. and Sun Life Financial Inc., on Wednesday reported higher fourth-quarter earnings, helped by growth in Asian markets. Canadian insurance companies have been expanding rapidly in Asia, selling to the region’s expanding middle class. The strategy is helping them drive growth and diversify from their domestic markets, where competition is intense. Canada’s biggest insurer, Manulife, reported earnings a share, excluding one-off items, of 65 cents, compared with 59 cents a year ago, ahead of the average analyst forecast of 66 cents, according to IBES data from Refinitiv. Total earnings, excluding one-off items, grew by 8 per cent to $1.3-billion. Story continues below advertisement Sun Life Financial reported earnings a share, excluding one-off items, of $1.19, Show less Read more
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