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Manulife reports strong 2021 results with record net income of $7.1 billion and core earnings of $6.5 billion, with double-digit growth in APE sales and new business value; Global Wealth and Asset Management net inflows tripled to $27.9 billion - Vimarsana News

Manulife reports strong 2021 results with record net income of $7.1 billion and core earnings of $6.5 billion, with double-digit growth in APE sales and new business value; Global Wealth and Asset Management net inflows tripled to $27.9 billion

Net income attributed to shareholders of $7.1 billion in 2021, up $1.2 billion from 2020, and $2.1 billion in 4 Q21, up $304 million from the fourth quarter of 2020 Core earnings 1 of $6.5 billion in 2021, up 26% on a constant exchange rate basis from 2020, and $1.7 billion in 4 Q21, up 20% on a constant exchange rate basis from 4 Q20 2 Strong LICAT ratio 3 of 142% Core...

Manulife Closes Variable Annuity Reinsurance Deal With Venerable Holdings - Vimarsana News

Manulife Closes Variable Annuity Reinsurance Deal With Venerable Holdings

TORONTO, Feb. 1, 2022/ PRNewswire/- Manulife announced today that its subsidiary, John Hancock Life Insurance Company, has successfully closed the previously announced transaction to reinsure a substantial portion of its legacy U.S. Variable Annuity block, consisting primarily of policies with Guaranteed Minimum Withdrawal Benefits riders, with Corporate...

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc. - Vimarsana News

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc.

/PRNewswire/ - Manulife announced today that its subsidiary, John Hancock Life Insurance Company (U.S.A.) ("John Hancock"), has successfully closed the...

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc. - Vimarsana News

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc.

C$ unless otherwise stated                    TSX/NYSE/PSE: MFC          SEHK: 945TORONTO, Feb. 1, 2022 /PRNewswire/ - Manulife announced today th...

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc. - Vimarsana News

Manulife closes U.S. Variable Annuity Reinsurance Transaction with Venerable Holdings, Inc.

/PRNewswire/ - Manulife announced today that its subsidiary, John Hancock Life Insurance Company (U.S.A.) ("John Hancock"), has successfully closed the...