Manulife Financial Q2 Earnings Call Highlights

Impact · against what's priced in

Manulife (MFC) shows strong momentum in Asia and core EPS growth, though this is partially tempered by rising disability and mental health claims in Canada. Munich Re (MUN) benefits from a new risk-transfer agreement that expands its long-term care book.

MFC+0.40

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In context

Core earnings grew 12% and APE sales rose 21%, driven by a 37% jump in Hong Kong sales, though these gains were offset by a 10% decline in Canadian core earnings due to disability and mental health claims.

Read from the article alone

• earnings▲10%
• MFC
• MUN
• asia
• canada
• hong kong
• insurance
• long term care
• reinsurance
• share repurchases