Manulife Financial (TSE:MFC) has released an update.
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Manulife Financial Corporation announced a robust start to 2024 with a 16% increase in core earnings and a significant 20% rise in core EPS, underscoring strong performance and growth. The company closed the largest LTC reinsurance deal to date, boosting its industry standing. Additionally, Manulife reported a solid capital position, with a LICAT ratio of 138%, and impressive growth in Global Wealth and Asset Management net inflows, which hit $6.7 billion.
For further insights into TSE:MFC stock, check out TipRanks’ Stock Analysis page.
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