Manulife, Great-West had leadership changes last year
Canadian insurance earnings fell, while wealth management earnings rose
Core earnings from insurance, wealth management rise
Firm announced this week it's being acquired by iA Financial Corp in a $597M deal
Insurer had $1.3 billion in gross seg fund sales
Blocks include over 115,000 policies worth more than US$100 million in premiums
Also, Michael L. Stickney will retire from the executive committee
Deal includes 16,000 accounts, $2 billion in assets, 30 advisors
Earnings hurt by declining property values, rising credit losses
Earnings per share were $2.46, up from $1.71 a year earlier