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

Manulife Financial Corporation

Manulife Financial Corporation

MFC

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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)


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