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Company: Manulife Financial Corp.

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Scenario analysis finds that delaying policy action raises the economic and financial sector impacts

The goal is to simplify the firm's offering to its customers and advisors

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The insurer unlocked $2 billion in capital by offloading the bulk of its U.S. variable annuity book

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The firm also announced a plan to buy back up to 39 million shares

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Global wealth and asset management net inflows reached $8.6 billion

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A report says insurers have yet to take a broad approach to climate risk in their portfolios

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The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains

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Alex Catterick is taking on a newly created role, overseeing high-net-worth strategy in private markets

  • By: IE Staff
  • April 16, 2021 April 16, 2021
  • 12:25
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Core earnings dip slightly despite profit increase, however

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Digital investments pushed insurer to a positive quarter