Manulife Reports First Quarter 2024 Results
MFCMANULIFE(MFC) Prnewswire·2024-05-09 05:01

TSX/NYSE/PSE: MFC SEHK: 945 CunlessotherwisestatedTORONTO,May8,2024/PRNewswire/−ManulifeFinancialCorporation("Manulife"orthe"Company")reporteditsfirstquarterresultsfortheperiodendedMarch31,2024,deliveringstrongcoreROEandtoplinegrowth,andclosingthelargestlong−termcare("LTC")reinsurancetransactionintheindustry.Keyhighlightsforthefirstquarterof2024("1Q24")include:Coreearnings1ofunless otherwise stated TORONTO, May 8, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its first quarter results for the period ended March 31, 2024, delivering strong core ROE and topline growth, and closing the largest long-term care ("LTC") reinsurance transaction in the industry. Key highlights for the first quarter of 2024 ("1Q24") include: Core earnings1 of1.8 billion, up 16% on a constant exchange rate basis2 from the first q ...