Manulife Financial Corp. said Monday it agreed to have Global Atlantic reinsure C$13 billion ($9.6 billion) of its reserves across four legacy/low return-on-equity blocks.

Manulife late Wednesday said core earnings for the second quarter were driven by gains from its investments, benefiting from the higher rate environment and very low credit loss. Sign up here.

A wholly owned subsidiary of Manulife Philippines has launched a unit investment trust fund that aims to offer high-quality, low-volatility income opportunities by tapping into the best sources of ...

Manulife Financial Corporation MFC is being adversely impacted by escalating costs and exposure to products with minimum assured return, which, in turn, are putting a strain on margin expansion ...

The returns are up significantly from the 11 per cent Manulife was at in 2017 as it’s worked to shed low-return segments, said Gori. “We freed up $11-billion worth of capital over the last six ...

TORONTO (CBS.MW) -- Canada Life Financial is urging shareholders to reject a $4 billion acquisition bid from Manulife Financial because the offer's too low.

The deal will allow the Toronto-based insurer and asset manager to release $800 million in capital, which it plans to return to shareholders through share buybacks, according to a statement Monday.

Signage is seen on Manulife Financial Corp.'s office tower in Toronto, Tuesday, Feb. 11, 2020. Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower ...

TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.

Signage is seen on Manulife Financial Corp.'s office tower in Toronto, Tuesday, Feb. 11, 2020. Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower ...

TORONTO - Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on ...