News: Manulife Financial Corp (MFC)

MFC on New York Consolidated

15.92USD
22 May 2013
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Wed, May 8 2013

Metlife, Manulife said to bid for Malaysia AMMB life insurance unit

HONG KONG/SINGAPORE, May 9 - Manulife Financial Corp and Metlife Inc are among the suitors to submit first-round bids for the life insurance unit of Malaysian lender AMMB Holdings Bhd, people familiar with the matter told Reuters, in a deal that could be worth up to $350 million.

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CANADA STOCKS-TSX lifted by Manulife results, ECB rate cut

* TSX rises 58.35 points, or 0.47 percent, to 12,379.64 * Seven of the 10 main index sectors advance * Goldcorp slips after profit drops * Catamaran, Valeant stumble after results * Manulife rises about 4 percent after earnings report By John Tilak TORONTO, May 2 - Financial shares pushed Canada's main stock index higher on Thursday after the European Central Bank cut interest rates and insurers Manulife Financial Corp and Great West Life reported encouraging

WRAPUP 1-Manulife, Great-West profits meet expectations, shares up

TORONTO, May 2 - Canada's top life insurer, Manulife Financial Corp, reported a 56 percent drop in profit in the first quarter, while earnings at rival Great-West Lifeco Inc rose 15 percent as both companies met expectations in a tough market.

CANADA STOCKS-TSX steady as financials offset fall in Catamaran, Goldcorp

* TSX down 7.56 points, or 0.06 percent, at 12,313.73 * Six of 10 main index sectors decline * Goldcorp falls 2 percent after profit drops * Catamaran, Valeant stumble after results * Manulife rises 4 percent after earnings report By John Tilak TORONTO, May 2 - Canada's main stock index was little changed on Thursday as weakness in some healthcare and material stocks after weak earnings reports offset optimism following a move by the European Central Bank to cu

UPDATE 2-Manulife profit halves on markets, meets estimates

TORONTO, May 2 - Manulife Financial Corp reported a 56 percent drop in first-quarter earnings on Thursday, citing weaker sales of its life insurance and less favorable market conditions.

Manulife first-quarter profit halves

May 2 - Manulife Financial Corp , Canada's largest insurer, reported a lower first-quarter profit on weak insurance sales and higher expenses.

Manulife, HDFC Life said to bid for HSBC India insurance arm

HONG KONG/MUMBAI, April 10 - Canada's Manulife Financial Corp and the Indian affiliate of Standard Life plc are among the suitors to place first-round bids for HSBC plc's Indian life insurance business, a stake valued at about $200 million, people familiar with the matter told Reuters.

Two senior Asia executives depart from Manulife

HONG KONG, April 3 - Manulife Financial Corp is losing two of its top executives in Asia, a blow to the insurer in a key, fast-growing market.

CORRECTED-Manulife hikes CEO's pay 20.5 percent

TORONTO, March 22 - Manulife Financial paid Chief Executive Donald Guloien C$10.4 million ($10.17 million) in 2012, a 20.5 percent rise from the previous year due to the company's increased profit, the insurer said on Friday.

Manulife hikes CEO's pay by 20.5 percent

TORONTO, March 22 - Manulife Financial paid Chief Executive Donald Guloien C$10.4 million ($10.17 million) in 2012, a 20.5 percent rise from the previous year due to the company's increased profit, the insurer said on Friday.

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