Canada's Manulife posts higher quarterly profit on strength in Asia business

Manulife Financial

13/05/2026 22:05

May 13 (Reuters) - Canadian insurer Manulife Financial MFC.TO reported a rise in first-quarter profit on Wednesday, helped by strong performance in its Asia unit.

The company's core earnings came in at C$1.84 billion  ($1.34 billion), or C$1.06 per share, for the three months ended March 31, compared with C$1.77 billion, or 99 Canadian cents per share, a year earlier.

($1 = 1.3702 Canadian dollars)

 (Reporting by Prakhar Srivastava in Bengaluru; Editing by Shailesh Kuber)

 ((Prakhar.srivastava2@thomsonreuters.com;))