Manulife presents investor strategy targeting core ROE of 18%+ by 2027
Bitget2026/11/04 23:25- Manulife reiterated its 2027 targets for core ROE above 18% and cumulative remittances exceeding C$22 billion over 2024-2027.
- Third-quarter 2026 core earnings rose 4% to C$2.13 billion; net income attributable to shareholders fell to C$1.42 billion.
- Financial leverage stood at 23%, below the medium-term target of 25%.
- A third long-term care reinsurance transaction brought the cumulative reduction in morbidity sensitivity to 24% across three deals.
- A 50:50 life insurance joint venture with Mahindra will provide entry into India's insurance market.
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