Manulife Financial Corporation: Q1 2023 Earnings — Strong performance driven by higher core earnings in the US and Canada, and resilient results in Asia
MFC's Q1 2023 core earnings increase was driven by the normalization of mortality claims, higher investment earnings and robust returns on surplus assets.Manulife Financial is a provider of financial protection and wealth management products and services, including individual life insurance, group life and health insurance, long-term care insurance, pension products, annuities and mutual funds to individual and group customers in Asia, Canada and the United States. Co. also provides investment management services with respect to Co.'s general fund assets, segregated fund assets, mutual funds, and to institutional customers. Co. also offers reinsurance services, specializing in property and aviation catastrophe risk reinsurance products.
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